4 4 4 Why do CPAs have to be aware of ethical conflicts in performing professional...

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4 4 4 Why do CPAs have to be aware of ethical conflicts in performing professional services and which rules of conduct are most directly affected by the evaluation? How do CPAS assess risks due to ethical conflicts and possible impairments of the rules ? Explain how CPAs should evaluate risks to integrity and objectivity when considering providing gifts to audit clients and /or client management or accepting gifts from them. What is the purpose of the confidentiality rules in the AICPA Code? Describe the specific provisions and when confidentiality requirements might be waived 5 5 Explain the link between the opportunity commit fraud and corporate governance systems Explain the circumstances under which an auditor should give each of the following opinions : to (a) Unmodified opinion (b) Unmodified opinion with an emphasisof matter paragraph (c) Qualified opinion (d) Adverse opinion 5 5 Why is materiality one of the most difficult judgments to make in auditing financial statements ? Differentiate between the auditors responsibilities to detect errors fraud, and 3 illegal acts. How would you assess the ethics of a company that has experienced each event with respect to motivation and the integrity of those who go along with such events ? 4 4 4 Why do CPAs have to be aware of ethical conflicts in performing professional services and which rules of conduct are most directly affected by the evaluation? How do CPAS assess risks due to ethical conflicts and possible impairments of the rules ? Explain how CPAs should evaluate risks to integrity and objectivity when considering providing gifts to audit clients and /or client management or accepting gifts from them. What is the purpose of the confidentiality rules in the AICPA Code? Describe the specific provisions and when confidentiality requirements might be waived 5 5 Explain the link between the opportunity commit fraud and corporate governance systems Explain the circumstances under which an auditor should give each of the following opinions : to (a) Unmodified opinion (b) Unmodified opinion with an emphasisof matter paragraph (c) Qualified opinion (d) Adverse opinion 5 5 Why is materiality one of the most difficult judgments to make in auditing financial statements ? Differentiate between the auditors responsibilities to detect errors fraud, and 3 illegal acts. How would you assess the ethics of a company that has experienced each event with respect to motivation and the integrity of those who go along with such events ?

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Why do CPAs have to be aware of ethical conflicts in performing professional services and which rules of conduct are most directly affected by the evaluation How do CPAs assess risk due to ethical con... View the full answer