In determining estimates of fees,an auditor may take into account each of the following,except the:

Question

Quizplus · Accepted Answer

The attainment of specific findings is not a relevant factor in determining the fees for an audit engagement. The fees are based on the nature and extent of work required, which is influenced by the other factors listed, such as the value of the service to the client, degree of responsibility assumed, and skills required to perform the service.

In Determining Estimates of Fees,an Auditor May Take into Account