Week 4 discussion questions 1

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Practice: Week 4 Discussion Question 1

Review case 6-10, Autonomy. (CASE ON PG. 2)

Respond to the following:

Do you believe a conflict of interest exists when audit firms earn about as much money from non-audit services as audit services, given they are expected to make independent judgments on the financial transactions and financial reporting of their audit clients? 

Post your response in the discussion area.