Question: The internal audit code of ethics mentioned in the chapter has principles rather than rules. Why do you think this approach is adopted?

The internal audit code of ethics mentioned in the chapter has principles rather than rules. Why do you think this approach is adopted?

Step by Step Solution

3.43 Rating (153 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

The advantage of principles over rules is the flexibility All internal audit teams whether in the pu... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Financial Management Questions!