KPMG Case Questions

1.Do professional standards allow a company's auditors also to provide tax services and retain their independence?

2.How have provisions of the Sarbanes-Oxley Act limited a public company's choice of auditors?

3.What are some of the advantages and disadvantages of permitting auditors to provide nonaudit services (such as tax services) to clients?

4. What is the impact of a smaller number of major international accounting firms on public companies?