XYZ Company is an electronic company. Its board members are independent directors. The company receives auditing and tax consultancy services from MNO Company. Also, XYZ hired former MNO partners as senior financial executives. 1) What is your opinion about the above case? 2) What recommendation(s) would you give to the board of directors? Explain your answer.

XYZ Company is an electronic company. Its board members are independent directors. The company receives auditing and tax consultancy services from MNO Company. Also, XYZ hired former MNO partners as senior financial executives. 1) What is your opinion about the above case? 2) What recommendation(s) would you give to the board of directors? Explain your answer.

Contemporary Auditing

11th Edition

ISBN:9781337650380

Author:KNAPP

Publisher:KNAPP

Chapter1: Comprehensive Cases

Section1.4: Health Management, Inc.

Problem 2Q

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