Tendering & advertising p7

263 views

Published on

0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
263
On SlideShare
0
From Embeds
0
Number of Embeds
1
Actions
Shares
0
Downloads
9
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • \n
  • Tendering & advertising p7

    1. 1. Advertising
    2. 2. Not reflect adversely on:
    3. 3. Not reflect adversely on:• Member• ACCA• Profession
    4. 4. Use of the ACCA logo
    5. 5. Use of the ACCA logo• One partner/director must be ACCA• Separate from firms logo
    6. 6. Fees
    7. 7. Fees• Minimise possibility of disputes in future• Show basis of fees• Basis in letter of engagement
    8. 8. Allowable basis
    9. 9. Allowable basis• Hourly rates• Contingency fee only where it is generally accepted practice
    10. 10. Introductory fees
    11. 11. Introductory fees• Disclose to the client
    12. 12. TenderingQuoting the fee before work starts
    13. 13. Why old auditor steps down
    14. 14. Why old auditor steps down• Ethical issues• Doubts over management integrity• Market segmentation• Disagreements• Fee level and payments• Resources & Competence• Overseas expansion
    15. 15. Why old auditor steps down - worries
    16. 16. Why old auditor steps down - worries• IC weakness• Accounting disagreements• Scope limitation• Illegalities
    17. 17. Tenders - to consider
    18. 18. Tenders - to consider• Ethics• Legalities• Commercial
    19. 19. Tendering - information needed
    20. 20. Tendering - information needed• What is wanted/expected• Timings• Interim?• Future plans• “Old auditor” problem
    21. 21. Tendering - Document
    22. 22. Tendering - Document• Brief outline of firm & services• Specialisms• Identify needs of prospective client• Outline of Audit Approach• Quality Control Procedures• Communications with Management• Timings• Key staff & Resources• Fees

    ×