Brenda Jones is a newly qualified accountant who is carrying out her first audit as the in-charge auditor for a construction company client that is engaged in a range of long-term contracts. Brenda has little experience of these types of clients and the accounting requirements in relation to long term contracts. John Bull is the CFO of the client, he is a busy man and has a notorious reputation for being unfriendly to auditors. You are Brenda's supervisor and it has become apparent that she has not got to grips with the accounting issues involved and has avoided asking the necessary questions of John Bull to gain an understanding of the company's transactions and the necessary audit work required to obtain evidence on the long term contract transactions.

Required

Explain to Brenda the importance of professionalism, using the Code of Ethics for Professional Accountants and particularly referring to its guidance on competence and give advice as to how she should proceed.