c A CPA s retention of client records as a means of enforcing pay ment of an

C a cpa s retention of client records as a means of

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c. A CPAs retention of client records as a means of enforcing pay-ment of an overdue audit fee is an action that is   (1) not addressed by the AICPA Code of Professional Conduct.(2) acceptable if sanctioned by the state laws.(3) prohibited under the AICPA rules of conduct.(4) a violation of generally accepted auditing standards.         4-20 (Objectives 4-5, 4-6) The following situations involve the pro-vision of non-audit services. Indicate whether providing the ser-vice is a violation of AICPA rules or SEC rules including SarbanesOxley requirements on independence. Explain your answer as necessary.  
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a. Providing bookkeeping services to a public company. The ser-vices were pre-approved by the audit committee of the company.   b. Providing internal audit services to a public company that is notan audit client.   c. Implementing a financial information system designed by man-agement for a private company.   d. Recommending a tax shelter to a client that is publicly held. The services were pre-approved by the audit committee.   e. Providing internal audit services to a public company audit client with the pre-approval of the audit committee.   f. Providing bookkeeping services to an audit client that is a pri-vate company.   4-21 (Objectives 4-6, 4-7) Each of the following situations involvesa possible violation of the AICPAs Code of Professional Conduct. For each situation, state the applicable section of the rules of con-duct and whether it is a violation.  
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