- 1 Marks
AAA – Nov 2011 – L3 – SA – Q6 – Ethical Issues in Auditing
Identifies a service inappropriate for an audit firm to provide due to independence and ethical concerns.
Question
Which ONE of these services may not be appropriate for an audit firm?
- A. Advising clients on corporate structures, recruitment, and other human capital needs
- B. Giving necessary legal advice on tax returns including negotiation with the tax authorities
- C. Acting as a receiver of the company’s operations on behalf of debenture holders and creditors of the company
- D. Making detailed enquiries and gathering all necessary information to meet the clients’ specific needs
- E. Advising clients on how best the business can be run and controlled including issues of accountability and management
Find Related Questions by Tags, levels, etc.
- Tags: Audit Services, Auditor Independence, Conflict of Interest, Ethical Boundaries
- Level: Level 3
- Topic: Ethical Issues in Auditing
- Series: NOV 2011
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