Audit Committee pre-approval of services 2119
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There is a new rule on how audit/non-audit services need to be communicated to the Audit Committee directly by the auditors. Is this in AS5? I remember reading about it, but now have a hard time finding it.
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Such rules come from the SEC.
I would log on to the SEC website have a look at their rules.
Generally, Audit committees must approve audit cservices and non- audit services where they are on an advisory basis to the audit committee.