ABOT Pakistan Stock Exchange — April 21, 2016 It's always encouraging to see a company improve its overall disclosure, including fees paid to the auditor, however, in this case the additional disclosure of tax advisory services has served to highlight the excessive non-audit fees paid to said auditor. (glasslewis.com)
For example, auditing firms would be able to continue to provide certification of compliance with tax requirements, but they would be prohibited from supplying tax advisory services that directly affect the company's financial statements and might be subject to question by national tax authorities. (accountingtoday.com)