An audited entity company has not paid its 2013 audit fees. According to the AICPA Code of Professional Conduct, for the auditor to be considered independent with respect to the 2014 audit, the 2013 audit fees must be paid before the :
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Accounting
C. 2014 report is issued.
need an explanation for this answer? contact us directly to get an explanation for this answerExplanation: Ethical ruling #52, Unpaid Fees, states that independence is impaired if, by the date an audit report is issued, fees remain unpaid for services provided more than one year prior to the date of the audit report.