Question: Case 9.9 - Payroll Services Jones & Jones, LLC is the independent auditor for Jenna Co. Jenna Co. has requested the firms assistance with its
Case 9.9 - Payroll Services
Jones & Jones, LLC is the independent auditor for Jenna Co. Jenna Co. has requested the firms assistance with its payroll processing function. Jones & Jones is being asked to perform this service while continuing to serve as Jenna Co.s auditor.
Can Jones & Jones perform this nonattest service? What considerations should the firms management keep in mind when accepting and performing this service? Cite Accounting Standards.
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