Which non-audit service is permitted for an SEC audit client? Preparing a point-in-time gap analysis on its technology controls compared to industry standards. Providing a technology service that records accounting entries for the client. Loaning staff to prepare the client’s tax return. Loaning staff to assist with the client’s internal audit function.
Which non-audit service is permitted for an SEC audit client? Preparing a point-in-time gap analysis on its technology controls compared to industry standards. Providing a technology service that records accounting entries for the client. Loaning staff to prepare the client’s tax return. Loaning staff to assist with the client’s internal audit function.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Which non-audit service is permitted for an SEC audit client?
Preparing a point-in-time gap analysis on its technology controls compared to industry standards.
Providing a technology service that records accounting entries for the client.
Loaning staff to prepare the client’s tax return.
Loaning staff to assist with the client’s internal audit function.
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