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The amount of the loan is material to Jane.

Jane will not provide any services to the bank and she is unable to influence the engagement. Jane a partner in a CPA firm borrows 100000 on a secured note from one of the firms bank audit clients to build a new dormer on her house. Jane practices in the same office as the lead partner on the banks audit. Jane will not provide any services to the bank and she is unable to influence the engagement. Jane practices in the office in which the audit partner conducts the audit but she will not provide any services to the bank and cannot influence t he engagement. Jane a partner in a CPA firm borrows 100000 on a secured note from one of the firms bank audit clients to build a new dormer on her house.

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