Why do you think the SEC requires companies to disclose fees paid to independent accountingfirms for audit and consulting services? What must be disclosed?

Contemporary Auditing
11th Edition
ISBN:9781337650380
Author:KNAPP
Publisher:KNAPP
Chapter7: Professional Issues
Section7.3: Washington Council Ernst & Young
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Why do you think the SEC requires companies to disclose fees paid to independent accounting
firms for audit and consulting services? What must be disclosed?

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