Question
I NEED HELP ASAP!!! Gabriella works as a senior auditor at Shine Wing, a public accounting firm. Shine Wing sent Gabriella to audit the 2020
I NEED HELP ASAP!!!
Gabriella works as a senior auditor at Shine Wing, a public accounting firm. Shine Wing sent Gabriella to audit the 2020 financial reports of a major client, Smart Technology. Gabriella realised that Smart Technology has some cash flow problems. Gabriellas investigation revealed that Bianca, the financial controller of Smart Technology, used the companys cash for her gambling activities. Gabriella discussed the matter with Bianca. Bianca stated that she would return the money when she wins. Bianca offered Gabriella $20,000 cash and said that she would hire a new auditor if Gabriella refuses to issue a good audit report for Smart Technology. Gabriella understands that if she reports the issue, Shine Wing might lose the client, and that she could lose her job as a result. As Gabriella has some personal bills to pay, she accepted the cash and issued a good audit report for Smart Technology. Required Use the above information to write a paragraph.
In your answer, state two APES 110 Code of Ethics fundamental principles that have been violated and explain why each has been breached? Also, identify two potential threats and comment on each. (8 Marks)
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