Question: Integrity and ethical values are important factors in ensuring that internal control, including the control environment, is effective in reducing risk and in helping management

Integrity and ethical values are important factors in ensuring that internal control, including the control environment, is effective in reducing risk and in helping management to achieve objectives. Do you think that these are just meaningless words or are they really important in the business context?

Why do you think that auditors look for integrity and ethical values in management and throughout the organization?

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Integrity and ethical values are far from meaningless words in the business context they are foundational principles that underpin the effectiveness of internal controls and the overall control enviro... View full answer

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