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Auditing – Client Acceptance Threats to Independence of Bean & Associates and Required Actions The case study of Bundy Service Station Ltd has been properly studied based on the principles of APES 110 Code of Ethics for Professional Accountants. The study has identified various threats that are challenging the independence of Bain & Associates and their association with one of their auditing client, Bundy Service Station Ltd. …
Assessment Introduction By studying the above case the following issues are been taken into account. Bruce Tegan who is ex- partner of the Maitland Partners so this may give rise to the conflict as the whole PMC Ltd.’s internal control is been handled by the Bruce Tegan so this may adversely affect the working of the Maitland partner as they may face some issues with the auditing of the PMC Ltd. One more reason behind the con…
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