Taking auditor independence too far

We all know that an auditor must be independent both in fact and appearance in order to perform an audit under Generally Accepted Auditing Standards (GAAS), but a Brownwood man wants to take the concept to the extreme: he seems to believe the auditor of the city of Brownwood should be disqualified because he lives in the city, votes and pays property taxes there. He claims that a city ordinance requires the city council to hire an out-of-town auditor – and he has sued the city to make his point.

During the last legislative session, legislators tried to establish Texas GAAP. I guess we may now have Brownwood GAAS.

We’re not making this up.

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