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Question two (25 mark T Amg th imenial principles of ethical behavicur for atdhicns in inadepenamar snid Compeence and due care. Exla me wiweiples of
Question two (25 mark T Amg th imenial principles of ethical behavicur for atdhicns in inadepenamar snid Compeence and due care. Exla me wiweiples of independece and Competence and dae care in relaton so the hiral hvhaiur fw audior 7marky) IT Fah f th flluw ing situstiones inwelves a poasible vicl aion of the Tnlpendma: Ruln of the Code ot Prodessioual Coudact foc anditors. a Mwape, a sole pactitioner, hs provaded exensve advsory services to one ot its ud clien, KT. Amng the adviary arvices thet Mwsge has ided ame Intsperission of finial stamenk, mwiin evceds, and oher mlyecs, achining expsioa plans, d odving cn banking relationships but has uot made any angemen ain KTV isa prisly el tity mpial hi M , h hen sokeal hy his andit clirmi, POPS ing ani acmomoy fumitres. to help implemeat a new comol sysem Moono will uge imerviews tor FOPS xhiring f miw pm l a insinict anl emareen the irsining of cirnmt iy's pre OPS e is a privly h cmpuny M will k alliring dins an supervise employees once they are trained c) KPi recemly won the udn ot Katue textiles, a large manacturer oe women's clothig John u t: pertrar oKTMG dbiantial invesimrnt in Kalu lestiles prir biddag ou the eagagemeat Ia aticipicn of winning the ensagement, Jo placed his shes o Katue texiles in ablind ust, an agement in which dhe iacial holdags ot a nin an inential pusition amm pial in th cnired of a ihucisey in unler in se uid a. possble contlict of inerest Pae2 at BML andit finn nd concultancy is anditing Minwood holdings apatmens in which the en Rmu a membr f thes senlit firm numa anil and resic Th unil is mrial n th parents net worth, and Handa is on dhe audr team that is panicipaing in the eagageme e Solo, a sole pacttioner, audited auo wocld's, financial stareents tor the year ended Deumber 2017 ml we ioned hy t entily pni isn of the sinck hefun: cimmencing fiuhlwork planing for the lit of the uymint f thr ali , Sul is next year's December 2018 financial stanemens. T&T Coporation requires an udr tor dhe creat yer 201. However. T& T has no Tol Grel Thnin th s r as-ndae seriss pemad lu yrs In December 207 T&T issued Gnd Thoron a ote o the unpaid tees, and Grnd Ihocon has proceeded widh the aadit services tor the cumen ye Far ch f the ahu siinny Indice wh rsmns, whathr nach siuti riwlai he Code ndpendence and saggest funre ssfe gaards 8 arks ou may wese yow answer iu e Jmar below ) iFulen afgun Visiaes ot alucs Why Violaeso wiy ds nul viula uot jolate Question two (25 mark T Amg th imenial principles of ethical behavicur for atdhicns in inadepenamar snid Compeence and due care. Exla me wiweiples of independece and Competence and dae care in relaton so the hiral hvhaiur fw audior 7marky) IT Fah f th flluw ing situstiones inwelves a poasible vicl aion of the Tnlpendma: Ruln of the Code ot Prodessioual Coudact foc anditors. a Mwape, a sole pactitioner, hs provaded exensve advsory services to one ot its ud clien, KT. Amng the adviary arvices thet Mwsge has ided ame Intsperission of finial stamenk, mwiin evceds, and oher mlyecs, achining expsioa plans, d odving cn banking relationships but has uot made any angemen ain KTV isa prisly el tity mpial hi M , h hen sokeal hy his andit clirmi, POPS ing ani acmomoy fumitres. to help implemeat a new comol sysem Moono will uge imerviews tor FOPS xhiring f miw pm l a insinict anl emareen the irsining of cirnmt iy's pre OPS e is a privly h cmpuny M will k alliring dins an supervise employees once they are trained c) KPi recemly won the udn ot Katue textiles, a large manacturer oe women's clothig John u t: pertrar oKTMG dbiantial invesimrnt in Kalu lestiles prir biddag ou the eagagemeat Ia aticipicn of winning the ensagement, Jo placed his shes o Katue texiles in ablind ust, an agement in which dhe iacial holdags ot a nin an inential pusition amm pial in th cnired of a ihucisey in unler in se uid a. possble contlict of inerest Pae2 at BML andit finn nd concultancy is anditing Minwood holdings apatmens in which the en Rmu a membr f thes senlit firm numa anil and resic Th unil is mrial n th parents net worth, and Handa is on dhe audr team that is panicipaing in the eagageme e Solo, a sole pacttioner, audited auo wocld's, financial stareents tor the year ended Deumber 2017 ml we ioned hy t entily pni isn of the sinck hefun: cimmencing fiuhlwork planing for the lit of the uymint f thr ali , Sul is next year's December 2018 financial stanemens. T&T Coporation requires an udr tor dhe creat yer 201. However. T& T has no Tol Grel Thnin th s r as-ndae seriss pemad lu yrs In December 207 T&T issued Gnd Thoron a ote o the unpaid tees, and Grnd Ihocon has proceeded widh the aadit services tor the cumen ye Far ch f the ahu siinny Indice wh rsmns, whathr nach siuti riwlai he Code ndpendence and saggest funre ssfe gaards 8 arks ou may wese yow answer iu e Jmar below ) iFulen afgun Visiaes ot alucs Why Violaeso wiy ds nul viula uot jolate
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