Students are required to attend a class discussion based on this question to obtain 5 marks for this week

Mini case study to discuss in the class

Bob is an audit assistant currently undertaking university studies. Whileauditingthe books of Club Casino, he comes across certain financial information that he believes will assist him in completing one of his university assignments. He copies the information and uses it in his assignment, carefully removing all reference to Club Casino in order to preserve the client's confidentiality.

Required:

For the above independent situation, list any professional standards and regulatory requirements breached and discuss possible alternative courses of action the auditor should have taken in order to properly discharge their professional responsibilities.