An audit that combines the financial statement audit with an audit of the effectiveness of ICFD $($Internal Control over Financial Reporting$).$ As a general rule, professional employees in a CPA firm who are not covered members and immediate family members cannot have a direct investment of more than $5\%$ in an attest client, hold a key position with the attest client, and be a trustee, director, or officer of an attest client or of the client's pension or profit$-$sharing trust.