Accountants, Inc wishes to expand its accounting practice to include both consulting and auditing services. Which aspect of its strategy should be examined more closely?
A. The accounting firm has failed to take into account that auditing is morelucrative than consulting
B. Hiring an accounting firm for consultation can be problematic because it is not awidely accepted business practice.
C. CPAs are not qualified to give advice beyond accounting and financial matters.
D. Conflicts of interest are likely to arise from offering both services to one client.
D
Philosophy & Belief
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