A BDO audit client subject to SEC independence rules make financial reporting software. The audit client...

 

Transcribed Image Text:

A BDO audit client subject to SEC independence rules make financial reporting software. The audit client wants BDO to become a reseller of their software. The terms would be the same as those offered to any other reseller. The relationship would be immaterial to both BDO and the client. Is this permitted under SEC rules? A BDO audit client subject to SEC independence rules make financial reporting software. The audit client wants BDO to become a reseller of their software. The terms would be the same as those offered to any other reseller. The relationship would be immaterial to both BDO and the client. Is this permitted under SEC rules?

Answer rating: 100% (QA)

The image contains text pertaining to a scenario where an audit client which is subject to SEC Securities and Exchange Commission independence rules m... View the full answer