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Where the fees from an audit client are more than 1 5 % of total fees, the public accounting firm should ensure: Question 6 Answer

Where the fees from an audit client are more than 15% of total fees, the public accounting firm should ensure:
Question 6Answer
a.
that the audit work is reviewed by an accountant, not a member of the audit team.
b.
adequate quality control procedures are in place and that the audit work is reviewed by an accountant, not a member of the audit team.
c.
that all members of the audit team are independent, both in fact and in appearance.
d.
that adequate quality control procedures are in place.

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