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Can auditor accept engagement which his cousin is CFO in it?

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Question added by Deleted user
Date Posted: 2014/02/10
Waleed Soliman
by Waleed Soliman , financial and admin manager , Almana International Group

no

MAJOUL Fadhel - CPA- CIA-CFE-CRMA-CISI
by MAJOUL Fadhel - CPA- CIA-CFE-CRMA-CISI , Consulting role related to Internal Audit , Dublin Investment & Management of Health Services Co

As per US GAAS this is not acceptable(external auditor). For internal auditing his objectivity is impaired.

mukkur srinivasan varadhan
by mukkur srinivasan varadhan , Chartered Accountant , Chartered Accountant in practice

No ,as he becomes interested .

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