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You are a CPA and asked to serve on the Board of Directors for a local small business, which coincidentally uses your accounting firm to prepare its...
You are a CPA and asked to serve on the Board of Directors for a local small business, which coincidentally uses your accounting firm to prepare its financial reports. Other stakeholders in the company express concerns about Conflict of Interest citing:
Nepotism
Insider trading
Self Dealing
Bribery