List and describe the ethical principles in the audit profession and their importance and impact on auditors
Question:
List and describe the ethical principles in the audit profession and their importance and impact on auditors’ performance.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (1 review)
Answered By
Ali Khawaja
my expertise are as follows: financial accounting : - journal entries - financial statements including balance sheet, profit & loss account, cash flow statement & statement of changes in equity -consolidated statement of financial position. -ratio analysis -depreciation methods -accounting concepts -understanding and application of all international financial reporting standards (ifrs) -international accounting standards (ias) -etc business analysis : -business strategy -strategic choices -business processes -e-business -e-marketing -project management -finance -hrm financial management : -project appraisal -capital budgeting -net present value (npv) -internal rate of return (irr) -net present value(npv) -payback period -strategic position -strategic choices -information technology -project management -finance -human resource management auditing: -internal audit -external audit -substantive procedures -analytic procedures -designing and assessment of internal controls -developing the flow charts & data flow diagrams -audit reports -engagement letter -materiality economics: -micro -macro -game theory -econometric -mathematical application in economics -empirical macroeconomics -international trade -international political economy -monetary theory and policy -public economics ,business law, and all regarding commerce
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
CHAPTER ONE INTRODUCTION 1.1 Background to the Study Auditors are the third pair of eyes for people who use financial statements ( Uzuh,2008). The audit provides users of the financial statements...
-
BSBHRM613 Contribute to the development of learning and development strategies STUDENT NAME* STUDENT ID* Date* /Day/MonthYear Date Student Email* example@example.com Location* Brisbane campusSydney...
-
Read the following case study and answer the questions at the end: To remain competitive, Memorial Hospital has decided it needs to cut its budget by downsizing semiskilled workers, such as...
-
Debate on Causes of Unemployment Two economists are debating the cause of a high unemployment rate. One economist argues that there is not enough government spending. The other says high unemployment...
-
a) Why is it important to implement security policy? b) What are the advantages of implementing password policies? c) What are the advantages of implementing account policies? d) What are the...
-
When would adjusting standards within a period be reasonable?
-
Explain the terms underabsorption and overabsorption.
-
What accounting assumption, principle, or constraint would Target Corporation use in each of the situations below? (a) Target was involved in litigation over the last year. This litigation is...
-
Stock XYZ realized the following returns over the past four years: 0.15, 0.02, -0.20, and 0.15. Based on this information, what is the geometric mean return over the four years rounded to the nearest...
-
Discuss the importance of ethical values such as integrity, objectivity and independence of auditors in terms of enhancing public confidence and the better functioning of capital markets.
-
Calculate the multiple regression equation for the research situation in Exercise 20. a. What are the predicted absences \(\left(Y^{\prime} ight)\) for someone with four friends and lives 7 miles...
-
A solid occupies a region E with surface S and is immersed in a liquid with constant density p. We set up a coordinate system so that the xy-plane coincides with the surface of the liquid, and...
-
Consider the following account balances (in thousands) for the Shaker Corporation In the Dec 31.2021 Cash $200,000 and Capital $2,000,000 and Retained earnings $1,500,000 The balances of raw...
-
Unless otherwise stated, assume gravitational acceleration g = 9.81 m/s and the density of water to be 1000 kg/m. Unless otherwise stated, give all numerical answers to 3 significant figures, such as...
-
The purpose of this installment is to classify stock, bond, and mutual fund investments, explore tools for their evaluation and select these securities based on your investment philosophy and goals....
-
Jackson County Senior Services is a nonprofit organization devoted to providing essential services to seniors who live in their own homes within the Jackson County area. Three services are provided...
-
Caldwell (2003) explores differences between the roles of leaders and managers. "Leaders...envision, initiate, or sponsor strategic change of a far-reaching or transformational nature. In contrast,...
-
Are the three main goals of compensation departments equally important, or do you believe that they differ in importance? Give your rationale.
-
The following T-accounts show postings of selected transactions. Indicate the journal used in recording each of these postings a through e. Cash Accounts Receivable Inventory (d) 500 (e) 300 (b)...
-
A stock is expected to pay a dividend of $1.50 at the end of the year (i.e., D 1 = $1.50), and it should continue to grow at a constant rate of 10% a year. If its required return is 14%, what is the...
-
The Hobby Shop has a checking account with a ledger balance of $1,700. The firm has $2,400 in uncollected deposits and $4,200 in outstanding checks. What is the amount of the disbursement float on...
-
An investment will pay you $34,000 in 11 years. If the appropriate discount rate is 6.1 percent compounded daily, what is the present value? (Use 365 days a year. Do not round intermediate...
Study smarter with the SolutionInn App