discussion post with references

We know that a conflict of interest refers to a person in a position of trust with personal interests or obligations that conflict with those of others. In this discussion, you will address the prompt below regarding a situation in which a conflict of interest might occur.

Create one initial post, and respond to at least two of your classmates.

For your initial post, address the following:

• Under what circumstances might a job offer from an audit client be considered a conflict of interest and/or an independence violation?
• Why might the AICPA include job offers in their conflict-of-interest guidelines?

What are the accounting professional’s conflict of interest reporting requirements?

For your response posts, address the following:

• Do you agree with your classmate’s rationale about why the AICPA includes job offers in their conflict-of-interest guidelines? What is another possible reason?

Do you agree with your classmate’s post in terms of why this situation is considered a violation? How would you respond if you were put in this situation?

Remember, your contributions to the discussion play an important part in building the classroom learning community.