CHECK THESE SAMPLES OF Auditing Practices, Professionalism, Ethics, And Standards
...?Generally Accepted Auditing Standards Introduction Generally accepted auditing standards refer to a set of standards through which the quality of audits is assessed. They are personal and relate to the qualifications of the auditor and the professional care exercised in a particular audit engagement. The standards define who is qualified to perform an audit engagement and the need for adequate technical training and proficiency, which promotes professional care in the engagement of audit. Much emphasis have been placed on...
3 Pages(750 words)Research Paper
..., and therefore, the designer should not respond to the concerns that come up. For a criminal who decided to use the game to target his victims is merely using the game for the wrong reasons as that is not what it was meant for, and it would be highly unfair to ask the designer of the game to put an end to his own creation on the basis of this. The main objective for playing a game is to entertain oneself and that is what the general public is using it for, hence, the few individuals who are using the game to further their sinister thoughts should be held accountable and not the designer. On the flip side, being ethical and moral, it would be the right decision to respond to the concerns, that the game might be used to...
4 Pages(1000 words)Essay
...edge over its competitors in business.
Ethically correct practices encourage dissemination of correct information to the public and other stakeholders. Violation of academic trust through plagiarism, cheating, falsifying information or aiding and abetting in any of the nefarious activities are now serious offences and they are considered as totally unacceptable conduct in all areas of work. Hence their professional honesty is crucial in promoting correct facts and interpretation on issues and topics that are socially, economically and politically relevant.
The guidelines in the code of conduct help the individuals and the organizations to adjust and influence the working environment...
2 Pages(500 words)Article
...auditor's audit procedures may discover the fraud incident. However, "there is certainly no guarantee of detection" as the "perpetrator(s) may go to extensive lengths to deceive the auditor and hide the defalcation" (Tedd).
Lastly, one of the concerns regarding ISA 400 (and the other auditing standards) is that this may not apply or may be too tedious to apply for small and medium entities. This concern was recognized by the International Auditing and Assurance Standards Board or IAASB when it issued International Auditing Practice Statement (IAPS) 1005, The Special Considerations in the Audit of Small...
7 Pages(1750 words)Assignment
...obstruct auditing process and should have the capability of giving independent opinion on the books of accounts and accounting practices followed. Further, the auditing standards discuss the importance of checks and balances to be instituted by auditors in the fieldwork not only concerning auditing and accounting procedures but supervising assistants. And, finally, the standards provides a very good description of the meaning of independence that needs to be exercised by auditors while providing opinion. It has to be fair on the issue of comprehensiveness of accounting procedures, their sufficiency, transparency and ability to provide...
4 Pages(1000 words)Essay
..., many lawyers have forgotten about their commitment to justice and the rule of law. At times that goes against the very tenets of legal success. While humility and sacrifice is valued in the medical field, it can be a career killer in legal circles. Maybe instead we could slip in “First do much harm” instead. That is not to say that all legal professionals are arrogant and self-serving, but legal practice often rewards these qualities nonetheless. Generally speaking, law is now guided by an established philosophical school: ethical egoism; that is, doing what is best for oneself is what is best for the world.
Some practitioners and interest groups point out that there may be a need for...
4 Pages(1000 words)Essay
...Accounting Oversight Board (PCAOB) received an authorization from Sarbanes-Oxley Act of 2002 to establish standards of auditing to be applied by public accounting firms. The board has specified in its Rule 3100 that auditors should comply with the applicable auditing professional and practice standards of the PCAOB (Huault & Richard, 2012). PCAOB also monitors compliance of auditors by participating in registering of accounting firms, ensuring that accounting practices comply with Sarbanes-Oxley Act of 2002 and establishing independence, ethics and quality control. PCAOB compels auditors to be exercise...
2 Pages(500 words)Essay
...I believe that professionalism is the ability of an individual to work according to the ethical standards to achieve goals and objectives in the best possible manner without giving any delays in the work pursued. Professionalism demands that work should be done while remaining within the ethical boundaries. Deadlines should be achieved within the given time frame, and everybody involved in the project should be satisfied. According to me, dress is an important reflection of professionalism. If you are dressed properly, or if you are following the dress code properly, that means that your attitude toward work is systematized. Untidy or...
2 Pages(500 words)Essay
...designs that create a new and spectacular feel to the university (Kats, Jon & Michael 2008). The architects understood the significance of the aesthetic and heritage properties of the building and therefore implemented changes in design while ensuring sustainability and efficiency of the new building to cater for current and future needs. The unique design contrasted with the old one as it can be viewed in the figures below.
Fig. 10 Ground floor UAL campus- Granary Building Fig. 11 Internal street UAL- Student fashion show
Source: Sturrock (2011)
13. Professional EthicsEthical considerations in architectural practice are based on both moral and legal obligations...
12 Pages(3000 words)Essay
