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Is it Correct to say providing valuation service by the auditors to the audit client could be seen as assuming management responsibility?
Can providing any kind of non audit service be seen as taking management responsibility?
“Is it Correct to say providing valuation service by the auditors to the audit client could be seen as assuming management responsibility?”
Not really, but it could be seen as a self-review or self-interest threat
“Can providing any kind of non audit service be seen as taking management responsibility?”
Of course it can – if the auditors are given (and they wrongly accept) the power to make executive decisions
OK?
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