medium10 pts · first answer countsaudit-planning

Non-audit fees far above the audit fee

Permitted non-audit services to an audit client earn the firm four times the audit fee. What should the firm do?

A.Nothing, because every service provided is permittedB.Stop charging for the audit so the fees balance outC.Leave the non-audit fees out of audit committee reportsD.Assess the threat and tell those charged with governance

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Non-audit fees far above the audit fee

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