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ZAMBIA INSTITUTE OF CHARTERED ACCOUNTANTS 2017 ANNUAL RETURN PLEASE COMPLETE SECTION A IF YOU HOLD AN AUDIT PRACTICING CERTIFICATE AND SECTION B IF YOU HOLD A NONAUDIT PRACTICING CERTIFICATE. FAILURE
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What is non-audit practice?
Non-audit practice refers to services provided by an accounting professional that do not involve the audit of financial statements. This can include advisory services, tax preparation, and consulting.
Who is required to file non-audit practice?
Entities and professionals engaged in providing non-audit services to clients are typically required to file a non-audit practice report, which may include accounting firms and independent contractors.
How to fill out non-audit practice?
To fill out non-audit practice, you should collect relevant information on the services provided, clients served, and any applicable disclosures, then complete the designated forms as per the regulatory requirements.
What is the purpose of non-audit practice?
The purpose of non-audit practice is to ensure transparency and accountability in the provision of non-audit services, to maintain ethical standards, and to avoid potential conflicts of interest.
What information must be reported on non-audit practice?
Information that must be reported typically includes details about the types of non-audit services provided, the fees charged, client information, and any relevant compliance details.
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