Each of the following situations involves a possible violation of the provincial institutes' Rules of Profesaional Conduct.
Question:
Each of the following situations involves a possible violation of the provincial institutes' Rules of Profesaional Conduct. For each situation, (1) decide whether or not the Rules have been violated, and (2) briefly explain how the situation violates (or does not violate) the Rules.
A) Robert Comtois has a successful dentistry practice in Quebec. Robert has recommended one of his patients to Anne St. Law, public accountant. To show gratitude for the referral, Anne has agreed to pay Robert 5% of the fee for audit services rendered by Anne to Robert's patient. Anne discloses the payment agreement to her new client. Violation? (1) Yes or No (2)Explanation:
B) The accounting firm of Cole and Silver, public accountants, is negotiating a fee with a new audit dient. They agree the dient will pay $85,000 if Cole and Silver issues a dean, unqualified opinion, S60,000 if a qualified opinion is issued, $40,000 if an adverse Violation? (1) Yes or No (2) Explanation:
C) The accounting firm of Sanderson & Cooper, public accountants, provides bookkeeping and tax services for Nickelite Corporation. Sanderson & Cooper also performs the annual audit of Nickelite Corporation. Violation? (1) Yes or No (2) Explanation:
This is Auditing. Please provide me the answers ASAP. Thank you so much!