Chapter
Ethics and Terms of Audit Engagements
Auditing and Ethics
21 topics
- Meaning of Ethics
- Ethics is a State of Mind, Need for Professional Ethics
- Principles based approach v Rules based approach (Ethical or Legal)
- The fundamental principles of Professional Ethics: Integrity
- Objectivity
- Professional Competence and Due care
- Confidentiality
- Professional Behaviour
- Independence of Auditors
- Threats to Independence: Self Interest threats
- Self Review threats
- Advocacy threats
- Familiarity threats
- Intimidation threats
- Safeguards to Independence
- Professional Skepticism, Terms of Audit Engagements Preconditions for an audit
- Audit Engagement
- Agreement on Audit Engagement Terms
- Terms of Engagement in Recurring Audits (SA 210 Agreeing the Terms of Audit Engagements)
- Overview and Introduction of SQC 1 Quality Control for Firms that Perform Audits and Reviews of Historical Financial Information and Other Assurance and Related Services Engagementsstandard
- Overview and Introduction of SA 220 - Quality Control for an Audit of Financial Statements)standard