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Services
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Familiarity with Policies and Procedures Relating to Independence, Integrity,
and Objectivity
Policy Statement:
Employee and others will be familiar with policies and procedures relating to
independence, integrity and objectivity
Implementation: The
CPA firm will carry out this policy through the following procedures:
- The CPA firm gives its
employees and others the professional and regulatory printed matters
(through its hard copy references or by computer and software with
access to applicable databases) and warn them that they are to
required to have knowledge of it.
- Stressing the general understanding of
independence, integrity, and objectivity in its professional growth
meetings, in the acceptance and continuance of clients and engagements,
and in the accomplishing engagements, including speaking about the
involvement in certain engagements like, for example, financial
institutions, such as the forbidding of any member of the engagement
team having a loan with the institution, and the types of non-attest
services that could impair independence.
- Telling employee or others at an
appropriate time of those entities to which independence policies apply,
by:
- Making and keeping lists of entities to
which independence policies apply.
- Having the lists ready for employee or
others who need them to determine their independence (including personnel
new to the firm or to an office, and to certain former partners).
- Giving notice to employee or others of
changes in the lists on a timely basis using a memorandum or the CPA
firm's e-mail system.
©/2003 to 2009 A Andrew Harrison CPA P.C. love a challenge
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