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Hello
In LV fones June 2010 question there was a threat that The fee income derived from LV Fones was boosted by this engagement and along with the audit and tax fee, now accounts for 16% of the ?rm’s total fees.
For its safeguard would it be appropriate to say that if the fees exceed 15% then other services offered to LV fones should be reduced to bring the threshold below 15% or the firm should consider joint audit?
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