Independence query
This query is : Resolved
10 October 2014
I'm working in a X co, auditing firm. whether my independence is affected to audit A Ltd if my father is a vat consultant of A ltd.
raghavender upadhyay
(Expert)
11 October 2014
No. Independence is not affected because your father is also a consultant in his professional capacity. You have to consider, whether his appointment is as a employee or as a professional. If he is appointed as a professional then there is no question of independence. You can carry the audit.
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