Which of the following statements is false? AICPA and SEC independence rules prohibit the firm from providing expert witness services to an audit client. Under AICPA independence rules, the client can outsource the entire internal audit function to the firm as long as we do not report to the Board of Directors on behalf of management. AICPA and SEC independence rules permit the firm to provide valuation services unrelated to financial reporting. None of the above are false.
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