Specific Services Flashcards
May a member serve as a benefit plan fiduciary for an attest client?
No.
May a member post client-coded transactions to an attest client’s general ledger?
Yes.
May a member present business risk considerations to the attest client’s board of directors on management’s behalf?
No.
May a member assist managers of an attest client in analyzing the effects of proposed transactions?
Yes
May a member hire or terminate an attest client’s employees?
No
May a member serve as an expert witness for an attest client in litigation not relevant to the audit?
No
May a member design, develop, install, and/or integrate an attest client’s information system if that system is unrelated to the client’s financial statements and accounting records?
Yes
May a member determine which, if any, recommendations for improving internal control systems should be implemented by an attest client?
No.
May a member execute transactions to buy or sell securities for an attest client?
No
May a member sign and file a tax return on behalf of an attest client’s management if authorized by management?
Yes.
