Which statement about the SEC independence rules on bookkeeping services is not accurate? a) Bookkeeping services are prohibited even if the client approves the books and records as the services are performed. b) Bookkeeping services are permitted if the individuals performing these services perform no other services. c) Bookkeeping services are prohibited in most circumstances under the SEC's independence rules. d) Bookkeeping services are prohibited even if the fees from these services are less than the audit fee.

Contemporary Auditing
11th Edition
ISBN:9781337650380
Author:KNAPP
Publisher:KNAPP
Chapter8: International Cases
Section8.4: Republic Of The Sudan
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Which statement about the SEC
independence rules on
bookkeeping services is not
accurate?
a) Bookkeeping services are
prohibited even if the client
approves the books and records
as the services are performed.
b) Bookkeeping services are
permitted if the individuals
performing these services
perform no other services.
c) Bookkeeping services are
prohibited in most circumstances
under the SEC's independence
rules.
d) Bookkeeping services are
prohibited even if the fees from
these services are less than the
audit fee.
Transcribed Image Text:Which statement about the SEC independence rules on bookkeeping services is not accurate? a) Bookkeeping services are prohibited even if the client approves the books and records as the services are performed. b) Bookkeeping services are permitted if the individuals performing these services perform no other services. c) Bookkeeping services are prohibited in most circumstances under the SEC's independence rules. d) Bookkeeping services are prohibited even if the fees from these services are less than the audit fee.
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