What is the danger from an ethical perspective of having a CPA firm that conducts the audit of a public company also engaged in consulting with the company on the installation of a new financial information system?
What about giving tax advice to an audit client? What are the possible ethical dangers of having the tax practitioners at a CPA firm that audits a client entity prepare the tax return for members of management of the client who have a financial reporting oversight role.
What are the potential ethical dangers for an auditing firm that provides tax shelters for an audit client? Is it ethically appropriate to do so under the profession's ethical standards.