Means of enforcing payment


A CPA's retention of client records as a means of enforcing payment of an overdue audit fee is an action that is :

A. Considered acceptable by the AICPA Code of Professional Conduct.

B. Ill-advised because it would impair the CPA's independence with respect to the client.

C. Considered discreditable to the profession.

D. A violation of generally accepted auditing standards.

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: Means of enforcing payment
Reference No:- TGS042685

Expected delivery within 24 Hours