Evaluation of a Firm’s Compliance with 2018 Yellow Book Independence Requirements Related to Nonaudit Services

The examples provided are intended to assist the peer reviewer in determining whether there is a departure from professional standards and the impact of that departure on the engagement. However, examples cannot contemplate every circumstance a peer reviewer might face and are not a substitute for professional judgment. The peer reviewer is likely to encounter situations where the engagement is somewhere on a continuum of compliance with standards.