If I leave my firm to go work at a public client (where I currently serve as a manager on the audit team) as their Internal Audit Manager would this impair the firms independence as being in a position of influence?

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Posting as :
works at
You are currently posting as works at

We just had a manger leave for a controller position and we still kept the client

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you’re not being hired into an accounting role or financial reporting oversight role per Reg S-X - a Director of Internal Audit role for example will impair independence. will you affect the financial statements/records at this new company?

Nah that wouldn't effect firm overall independence. BUT if you are thinking about it, actively applying or interviewing to the client you are working on you need to tell the engagement execs because they'll probably move you off that client immediately. All it takes is an application or private call with their hr to no longer be independent, as a matter of appearance if not fact.

Best to contact your independence group in this scenario.

If the role involves sox you would be subject to cooling off period.

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