Walking the Tightrope: Balancing Independence in Non-Audit Services
As a CPA and owner of a Hong Kong audit firm, maintaining independence in non-audit services is crucial to your professional integrity. In our article, “Walking the Tightrope: Balancing Independence in Non-Audit Services,” we offer expert advice on addressing self-review threats and inadequate documentation while navigating this complex area. Discover how to establish clear policies and procedures, invest in audit training, implement quality management manuals, and utilize mock reviews to stay compliant with regulatory requirements. Embrace these best practices and safeguard your firm’s reputation by mastering the delicate balancing act of independence in non-audit services.
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