Category: Auditing
Fundamental Principles for Chartered Accountants Integrity: Members should be straightforward and honest in all professional and business relationships. Integrity implies not just honesty but also fair dealing and truthfulness. A …
Intimidation Threat Intimidation threat: This may occur when a chartered accountant may be deterred from action objectively by threats, actual or perceived. Being threatened with dismissal or replacement in relation to …
Self Review Threat Self-review threat: This may occur when a previous judgment needs to be re-evaluated by the chartered accountant responsible for that judgment. The discovery of a significant …
The directors of a company are in the process of appointing the first statutory auditor of the company. They have requested your firm to submit a proposal for the statutory audit assignment. …
You work as assistant manager in one of the leading firm of chartered accountants. Your partner has asked you to prepare a presentation for some of the newly recruited staff. …