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The following situations involve the provision of non-audit services. Indicate whether providing the service is...

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Accounting

The following situations involve the provision of non-audit services. Indicate whether providing the service is a violation of AICPA rules or SEC rules including SarbanesOxley requirements on independence. Explain your answer as necessary.

  1. Providing bookkeeping services to a public company. The services were preapproved by the audit committee of the company.
  2. Providing internal audit services to a public company audit client with the preapproval of the audit committee.
  3. Providing advice to a private company client on accounting for a merger with another private company.
  4. Providing bookkeeping services to a private company. The source documents were prepared and authorized by the client.
  5. Providing internal audit services to a public company that is not an audit client.
  6. Implementing a financial information system designed by management for a private company.
  7. Recommending a tax shelter to a client that is publicly held. The services were preapproved by the audit committee.

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