0 used to describe services that an accountant provides for a company, such as giving advice, that do not involve checking the company's financial records: --
The UK's biggest companies are paying accountants more and more for non-audit work.
Has she closed her mind to a statutory provision on the separation of audit and non-audit services, because possible conflicts lie ahead if she has?
We are currently exploring questions in relation to audit firm rotation, more frequent rotation of partners and the supply of non-audit services to audit clients.
We should recognise that the value of non-audit services now far exceeds the value of audit services.
Not every non-audit service necessarily raises a conflict of interest with the provision of audit services as well.
I also welcome compromises around the issue of audit partner rotation and the issue of non-audit work.
I know that the issue of non-audit services delivered to the audited entity is particularly delicate.
Let me elaborate on the implications of toughening standards for the purchase and delivery of non-audit services.
One is to bar auditors from offering non-audit work.
