Question: For each case, make arguments as to: 1. Why the firm's independence has not been impaired 2. Why the firm's independence has been impaired 3.

For each case, make arguments as to: 1. Why the firm's independence has not been impaired 2. Why the firm's independence has been impaired 3. What is your personal opinion? How might the potential problem be resolved? Case 1: Don Jones, a partner in the firm, has recently moved into a townhouse, which he shares with his boyfriend, Bob Turner. Don owns the townhouse and pays all of the expenses relating to its maintenance. Otherwise, the two are self-supporting. Bob is a stockbroker, and recently he has started acquiring shares in one of the audit clients of this office of the CPA firm. The shares are held in Bob Turner's name. At present, the shares are not material in relation to Bob's net worth. Case 2: Mary Caplan, a new audit associate with no managerial responsibilities in the firm, has recently separated from her husband. Mary has filed for divorce, but the divorce cannot become final for at least five months. The property settlement is being bitterly contested. Mary's husband has always resented her professional career and has just used community property to acquire one share of common stock in each of the publicly owned companies audited by the office in which Mary works

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