Ethical Issues In Tax Returns

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You have asked your opinion as to whether the plans to pay our outside auditors $500,000 of the next year for business consulting advice and $200,000 to prepare our tax returns presents an ethics issue. I believe that the current arrangement does not present an ethics issue because of the lack of indication of wrongdoing. The acceptance of future work and money alone does not present an ethical dilemma for the auditors. By means of this arrangement, no party to the current contract is performing an ethically questionable act and no person is unduly benefitting from it. The auditors are professionals and are expected to act as such. Therefore, the company by any stretch of imagination, cannot force the auditors to give an opinion against

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