Your firm wishes to assist Company X (a tax client) with plans to acquire your...
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Accounting
Your firm wishes to assist Company X (a tax client) with plans to acquire your audit client. When evaluating a potential conflict of interest, which factor is not a relevant consideration?
a) Whether your firm's policies consider this scenario to create a conflict of interest.
b) Whether violation of the AICPA code would subject your firm to substantial penalties.
c) Whether the appropriate people consent to your firm performing the acquisition-related services.
d) Whether threats to your firm's compliance with the code would be at an acceptable level.
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