Subsequent Employment

Question 1

If a covered member learns that a person in a position to influence has received an offer from an attest client, what should he or she immediately do?

Answer 1

Alert the firm

Question 2

Which types of covered members are limited in their ability to consider going to work for an attest client?

Answer 2

Team members and those in positions to influence

Question 3

What time period is important in determining whether a firm employee may go to work for an attest client in a key position?

Answer 3

One year

Question 4

What two things should a person in a position to influence do after receiving an offer of employment from an attest client?

Answer 4

1. )Promptly report to his or her firm.

2. )Leave the engagement until a decision is made

Question 5

What type of job with an attest client creates an independence problem for a firm when taken by one of its partners or professional employees?

Answer 5

A “key position.”