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Question 32 (3 points) Listen Required: For each scenario, state whether or not the CPA has violated any of the specific rules that incorporate the
Question 32 (3 points) Listen Required: For each scenario, state whether or not the CPA has violated any of the specific rules that incorporate the fundamental ethical principles. Explain your reasoning, citing a specific rule, if applicable. a. The CPA firm Lansdown and Interurban, LLP is negotiating the audit fee with a new audit client. The client agrees to pay $75,000 if Lansdown and Interurban LLP issues an unqualified audit opinion, $50,000 if a qualified opinion is issued, $40,000 if an adverse opinion is issued and $10,000 if a disclaimer of opinion is issued b. Sarah Smythe received a letter from Oskar and Olaf LLP, another CPA firm, asking if there is any reason why they should not accept the audit engagement of Sarah's biggest client, Mantel and Sons Inc. Sarah was very upset by the request and chose to ignore repeated attempts by Oskar and Olaf LLP to contact her. N BI U HT o .. Paragraph 4 IMI a) Negotiate audit fee: b) Sarah Smythe
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