On July 1, 2015, the SEC Charged Deloitte & Touche

Multiple Choice

On July 1, 2015, the SEC charged Deloitte & Touche with violating auditor independence because:

A) It provided certain nonaudit services to an audit client
B) It provided audit services to a client when engaged in a business relationship with management
C) Its consulting affiliate kept a business relationship with a trustee serving on the board of three funds Deloitte audited
D) Its consulting affiliate owned stock of a firm Deloitte audited