Question: (c) This is the second year that WAP is serving as the auditors for Western Cruises Limited (WCL). WCL contributes around 18 per cent of

(c) This is the second year that WAP is serving as the auditors for Western Cruises Limited (WCL). WCL contributes around 18 per cent of the audit fee revenue and 27 per cent of the non-audit fee revenue of WAP. WCL has not paid any of its fees for the Last year, citing cash flow problems. The partners at WAP are reluctant to put any pressure on WCL for outstanding fees, as WCL is a high-profile client that they wish to retain

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