Anthony is a member of the engagement team performing an audit of xyz. during the engagement, the president of xyz approaches anthony and offers him the position of cfo at the company. anthony is considering the offer. what safeguards do the independence rules require anthony to apply?

Anthony needs to ensure he is not in conflict of interest and if the xyz company that he is auditing offers him a CFO position, then that definitely would put him in conflict of interest so he would have to quit the audit team if he wished to accept the position, to preserve his integrity.