Determine proper account classifications prior to recording journal entries that will appear on your employer’s books and affect the content of its year-end audited financial statements.

Scenarios

1. Indicate if independence is require( 115, tant to perform the following tasks iv:

• a. – Render tax advice to a nonaudit diet
• b. Issue an audit opinion concerning a government-run airport
• c. Issue a review opinion concerning quarterly reports of a privately held company
• d. Make recommendations as an internal auditor to  your employer
• e. Determine proper account classifications prior to recording journal entries that will appear on your employer’s books and affect the content of its year-end audited financial statements.
• f. Issue an audit opinion concerning the financial statements of an employer-funded pension plan
• g. Provide litigation-related advice to a nonaudit client