Under the AICPA independence rules, which of the following would most likely impair a CPA firm's independence when auditing a client?
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A
A covered member owns a mutual fund that holds 0.1% of the client's shares
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B
A covered member owns 5% of the client's voting stock directly
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C
A staff accountant not on the engagement team has a checking account at a bank client
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D
A retired partner receives fixed retirement benefits unrelated to firm profits