APES 110 would be violated if an auditor accepted a fee for services and the fee was:

Question

Quizplus · Accepted Answer

APES 110 would be violated if an auditor accepted a fee that is contingent on the results of their work, such as being payable after a specified finding was attained in a review of a financial report. This could compromise the auditor's independence and objectivity. Fees fixed by a public authority, based on competitive bidding, or based on time spent at standard rates do not inherently compromise independence or objectivity.

APES 110 Would Be Violated If an Auditor Accepted a Fee