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The clientele of black & company's audit practice

01/05/2021 Client: muhammad11 Deadline: 2 Day

he clientele of Black & Company's audit practice consists primarily of privately owned small and middle-market companies. Recently the firm won two audits of public companies, including one issuer. From an independence perspective, what impact will these new client engagements have on Black & Company?

a. Black & Co. will have to comply with SEC and PCAOB independence rules.

b. Black & Co. will have to comply with DOL and GAO independence rules.

c. Black & Co. will have to apply the IESBA's conceptual framework approach.

d. Black & Co. will need an annual peer review and PCAOB inspection.

Please also e

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