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Can auditor link his fee as a percentage of profit or turnover?

Accounting Auditing Financial Accounting Internal Audit Finance
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Question added by Deleted user
Date Posted: 2014/02/10
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Ali Ejaz Butt
by Ali Ejaz Butt , Sr. Accountant , Leather Safety Auto Cushions Indsutries

He should not as its a threat to his independency. In suh case, he will try to show more profit of the comany.

Khalid Noor
by Khalid Noor , Accounting Manager , FedEx

contingent fee is not allowed as per IFAC Code of ethics

Deleted user
by Deleted user

he should not to maintain objectivity

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