CA X is the engagement partner of Good Work Ltd. since last 5 years. Since he is familiar with the working of the company, they have approached CA X…

CA Final · Advanced Auditing, Assurance and Professional Ethics · PYQS · September 2025
CA X is the engagement partner of Good Work Ltd. since last 5 years. Since he is familiar with the working of the company, they have approached CA X to perform various other assignments for them. Which assignment out of the below can be accepted by CA X as per the recent decisions of the Ethical Standards Board?
(A) (A) To prepare compilation of financial information.
(B) (B) To act as Authorized Representative for their foreign customer.
(C) (C) To represent the company as Trademark Attorney.
(D) (D) To act as a non- executive director in its Joint Venture company.

Suggested Answer and Working Notes:

Correct Answer: Option (B)

(B) To act as Authorized Representative for their foreign customer.

Topics: Professional Ethics & Liabilities of Auditors

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