alleryStart learning →Fees contingent on the findings of an engagement are barred unless permitted by:
AA board resolution
BOral Council advice
CClient's own consent
DA regulation under Act
Answer & Solution
Correct answer: D. A regulation under Act
Item (10) bars percentage-of-profit or findings-contingent fees except as permitted under a regulation made under the Chartered Accountants Act.
Keep practising International Ethics Standards Board for Accountants
Browse all International Ethics Standards Board for Accountants questions for CA Final, or explore more Auditing topics.
Related questions
Employment with an audit client is covered by which Section?Internal audit services to an audit client are in which Section?Which Section covers partner rotation with an audit client?NOCLAR for accountants in public practice is covered by which Section?Which Section of Part 3 covers second opinions?Custody of client assets is dealt with in which Section of Part 3?Fees and other types of remuneration in public practice are in which Section?Independence for audit and review engagements is in which Part?