Your spouse owns 1000 shares in Martin Limited, a successful publicly traded company. After graduating from university, you are hired by Mason and Company LLP Chartered Accountants. Two months after you start working, you find out that Mason and Company LLP is the auditor for Martin Limited. You suspect that you will be part of the team assigned to audit Martin Limited. Should you tell the partners of the accounting firm that your spouse own shares in this company? Why or why not?

Answer rating: 100% (QA)

Yes it is essential to disclose the fact that your spouse owns shares in Martin Limited to the partn... View the full answer