audit client in a sentence
1) One of our specialties is auditing clients' qualified plans for operational compliance.
2) Any firm with a not-for-profit niche has likely lost audit clients because of audit rotation.
audit collocations
3) An audit client has refused to allow the auditors to perform a generally accepted auditing procedure.
4) Conversely, 85.7% of non-Big Five audit clients have assets below $200 million.
audit client example sentences
5) It is interesting to note that there are 94 firms with only one listed audit client.6) She says she has not lost a single client and has already won several new audit clients.
7) Accounting firms have woven an increasingly complex web of business and financial relationships with their audit clients.
8) Second, the rule does not prohibit the purchase of all non-audit services by audit clients.
9) Current AICPA rules specify investment advisory services that accountants may provide to audit clients without impairing their independence.
10) In much the same way, performing certain valuation services for the audit client is inconsistent with independence.
11) Interpretations of Rule 101 prohibit covered members from owning any stock or other direct investment in audit clients.
12) Accountants therefore may provide these services for foreign divisions or subsidiaries of a domestic audit client under certain conditions.
13) According to Ms Fearnley, the concentration of listed audit clients among a few firms could present difficulties.
14) As a result, CPA firms with not-for-profit niches found themselves losing audit clients despite having performed excellent work.
example sentences with audit
15) Current AICPA rules also specify investment advisory services accountants may not provide to audit clients without impairing their independence.16) Third, the accountant cannot render the actuarial services to the audit client on a continuous basis.
17) Our proposed amendments identified certain non-audit services that, when rendered to an audit client, impair auditor independence.
18) The greatest assurance of auditor independence would come from prohibiting auditors from providing any non-audit services to audit clients.
19) As proposed, the final amendments also cover any service involving maintaining or preparing the audit client's accounting records.
20) Deloitte has an impressive list of audit clients although its management consultancy practice is only half the size of Coopers.
21) Finally, the final rule contains a limited exception related to bookkeeping for foreign subsidiaries or divisions of audit clients.
22) For the largest firms, the growth in management advisory and similar services involves both audit clients and non-audit clients.
23) Over this period, audit firms may continue to contract with their audit clients for the newly covered non-audit services.
24) Jenkins u0026 Krawczyk studied three group's perceptions about auditor independence and the provision of non-audit services to audit clients.
25) The second category includes those who influence the preparers or the contents of the financial statements of the audit client.
26) The proposed rule did not include any provision restricting audit client officers and directors from owning the accounting firm's securities.
27) For the largest public accounting firms, MAS fees from SEC audit clients have increased significantly over the past two decades.
How to use audit in a sentence
28) Any loss may be mitigated by the opportunity to market this service to the audit clients of other public accounting firms.29) All of these conditions are designed to ensure that the accountant does not assume a management function for the audit client.
30) First, the audit client must use its own actuaries or third-party actuaries to provide management with the primary actuarial capabilities.
31) The final rule does impose new limitations on auditors' ability to provide to audit clients internal audit services without impairing independence.
32) Commenters were generally supportive of the proposals regarding employment relationships between and investments by auditors or their family members and audit clients.
33) This includes the audit client's parent and subsidiaries and is consistent with current Rule 2-01(b).
34) Increasingly, accounting firms are becoming multi-disciplinary service organizations and are entering into new types of business relationships with their audit clients.
35) These include a ban on the sale of lucrative consultancy services to audit clients and forcing companies to regularly change their auditors .
36) We estimated that small accounting firms obtain non-audit or consulting fees, on average, from less than one SEC audit client.
37) The suggestion that the more the auditor knows about the audit client, the better its capacity to audit, is flawed.
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