Is there such a thing as moral truth? THE ELEMENTS OF ETHICS We all do ethics, and we all have a general sense of what is involved. But we can still ask, What are the elements of ethics that make it the peculiar enterprise that it is? We can include at least the following factors: […]
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Another area of concern related to independence is unpaid client fees. If an account receivable from an entity takes on the characteristics of a loan, the auditor’s independence may be impaired. Many public accounting firms adopt a policy of not completing the current audit until all of the prior year’s fees have been paid. Finally,
Another area of concern related to independence is unpaid client fees. Read More »