Jason Choi is a member on the audit team of Samson Ltd. Jason's husband Kai was recently
Question:
Jason Choi is a member on the audit team of Samson Ltd. Jason's husband Kai was recently hired to work at Samson Ltd as the marketing and events manager. Kai has extensive experience in hospitality and his role involves approving purchases/orders, receiving goods from suppliers and requesting those suppliers are paid in a timely manner. He will have organised 2 events in the financial year to be audited. The audit firm Jason works for has many audits happening at the same time that need staff.
- A.
No safeguard required - Jason can still work on the audit
- B.
Kai should quit as the marketing and events manager of Samson Ltd
- C.
Jason should be removed from the audit team of Samson Ltd
- D.
Jason should be limited to only auditing areas of the accounts where Kai has no access.
Auditing and Assurance Services Understanding the Integrated Audit
ISBN: 978-0471726340
1st edition
Authors: Karen L. Hooks