Question

When a dispute arises between an audit client and its auditor regarding the proper accounting treatment for a transaction or other item, the audit client will sometimes retain another accounting firm to issue a report, previously known as a SAS No. 50 report; on the proper accounting treatment for the given item [see AU Section 625 and AU-C Section 915]. Identify the potential ethical dilemmas that may result from allowing accounting firms to issue such reports to non-audit clients.



$1.99
Sales3
Views465
Comments0
  • CreatedOctober 02, 2014
  • Files Included
Post your question
5000