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In public interest entity there is an ethical requirement which says if the total fees from the client represent more than 15% of the total fees received by the firm for 2 consecutive year then it is Likey to be indue dependence on the client ..
My question is – publuc interest entity is listed or unlisted?
Thanks
Remember it like this – a LISTED company has PUBLICLY-TRADED shares. So a PIE is listed.
Thnaks
You’re welcome!