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Assurance and Consulting Services - K. K. ADVISORS

Farzan Enterprises is an FMCG company. Their board consists of 4 members whereas they also have quite a few experienced senior management staff. The company finally agreed to hire A. S. Sharif & Co. (an internal audit firm). Who will decide the nature of work related to assurance and consulting services?

Farzan Enterprises is an FMCG company. Their board consists of 4 members whereas they also have quite a few experienced senior management staff. The company finally agreed to hire A. S. Sharif & Co. (an internal audit firm). Who will decide the nature of work related to assurance and consulting services?

 

For Assurance Service – The nature of work will solely be decided by A. S. Sharif (an internal audit firm).

 

For consulting service – The nature of work will be decided as per the agreement between Farzan Enterprises (signed by the respected authority) and A. S. Sharif (the firm).

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