1. Rogers wants Abernethy and Chapman to assist his company in developing new accounting systems. Does a CPA firm face an independence problem in auditing the output of systems that the same firm designed and installed?
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3.  Does your answer depend on if the client is publicly traded or not? How so?

Answer rating: 100% (QA)

Yes a CPA firm faces an independence problem in auditing the output of systems that the same firm de... View the full answer