Which tax service is still permitted by the PCAOB for audit clients following the KPMG tax shelter case?
A) Aggressive tax shelter for audit clients
B) Auditing of deferred taxes
C) Tax services to audit client management or family members
D) Tax services for a contingent fee

Question

Quizplus · Accepted Answer

The KPMG tax shelter case led to the PCAOB imposing stricter rules on tax services offered to audit clients. However, auditing of deferred taxes is still permitted as it does not pose a threat to auditor independence or conflict of interest.

Which Tax Service Is Still Permitted by the PCAOB for Audit