Which of the following is not a correct statement concerning both the PCAOB and
ID: 2408631 • Letter: W
Question
Which of the following is not a correct statement concerning both the PCAOB and AICPA's independent rules? a. PCAOB prohibits a CPA to provide preapproved tax consulting services to the CEO of an audit client b. AICPA has no specific restriction on providing preapproved tax consulting services to the CEO of an c. PCAOB allows a CPA to provide preapproved tax consulting services to an audit client if the tax d. AlCPA prohibits contingent fee for preapproved tax consulting services to an audit client. preceding the audit engagement. audit client preceding the audit engagement. consulting services fee is less than 5% of the total audit fee.Explanation / Answer
Option B is Correct Statement about PCAOB and AICPA , because AICPA , has no specific restrction on providing prepapprpoved tax