Question: An assurance client has a major IT systems project starting and has asked if we can assist by being the overall project manager. Providing this
An assurance client has a major IT systems project starting and has asked if we can assist by being the overall project manager. Providing this service would Be permitted under AICPA independence rules (provided the AICPA General Requirements can be met) but prohibited under SEC independence rules. Impair independence under both AICPA and SEC independence rules. Be permitted under AICPA and SEC independence rules provided the system is a non-financial system and the AICPA General Requirements are met. Be permitted under both AICPA and SEC independence rules (provided the AICPA General Requirements are met.)
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