Which of the following fee arrangements is in violation of, Ask an Expert

Accounting

Which of the following fee arrangements is in violation of the AICPA Code of Professional Conduct?

a. A fee based on whether the CPA's report on the client's financial statements results in the approval of a bank loan.

b. A fee based on the outcome of a bankruptcy proceeding.

c. A fee based on the nature of the service rendered and the CPA's particular expertise instead of the actual time spent on the engagement.

d. A fee based on the fee charged by the prior auditor.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M960105

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