CPA · Question 02 · Area I: Ethics & General Principles
A CPA firm is auditing the financial statements of an issuer, TechGlobal Inc. The lead audit partner, Sarah, has served in that capacity for five consecutive years ending December 31, Year 5. Under PCAOB rules and the Sarbanes-Oxley Act, which of the following roles may Sarah perform for the TechGlobal audit for the year ending December 31, Year 6?
Answer options:
She may serve as the engagement quality reviewer.
She may provide tax services to the client, provided she is not on the audit engagement team.
She may serve as a consultant to the audit team regarding complex accounting estimates.
She is prohibited from providing any services to TechGlobal that would influence the audit engagement.
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