1. What are the dangers of accepting contingent fees from audit clients for performing non-audit services? Assume...
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2. How did Avon’s accounting for the project costs on the abandoned order-management software project violate GAAP? How did PwC’s role in the capitalized costs for consulting services violate its ethical obligations?
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1 Contingent fees cause the auditors to lose independence in appearance The accep...View the full answer
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Related Book For 
Ethical Obligations and Decision Making in Accounting Text and Cases
ISBN: 978-0077862213
3rd edition
Authors: Steven Mintz, Roselyn Morris
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