Family Relationships Flashcards
1
Q
Immediate family (spouse, spouse equivalent, dependent) members must…
A
Comply with the same independence rules as covered members
2
Q
Immediate family (spouse, spouse equivalent, dependent) members employed by attest client…
A
Must not hold “key positions”
3
Q
Close relatives (parents, sibling, non dependent child) members employed by attest clients impair independence when….
A
In “key positions” and have financial interest
