Threats Arising from Provision of Non-Assurance Services (4)

Question 1

What may assistance in resolution of tax disputes create?

Answer 1

A self-review or advocacy threat

Question 2

Assitances in resolution of tax disputes safeguard (assistance)

Answer 2

Assistance services must not be provided by a member of the audit team

Question 3

Assitances in resolution of tax disputes safeguard (independent)

Answer 3

Independent review of audit work to be conducted by a reviewer who was not involved in providing the assistance

Question 4

When might such assistance services may not be provided? (court)

Answer 4

If they involve the firm acting as an advocate for audit client before a court in the resolution of a tax matter

Question 5

When might such assistance services may not be provided? (amounts)

Answer 5

The amounts involved are material to financial statements being audited