An auditor discovers some material inefficiencies in a purchasing function. The purchasing manager happens to be the

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An auditor discovers some material inefficiencies in a purchasing function. The purchasing manager happens to be the auditor's next-door neighbor and best friend. In accordance with the code of eithics, the auditor should:

a. Objectively include the facts of the case in the audit report.

b. Not report the incident because of loyalty to the friend.

c. Include the facts of the case in a special report submitted only to the friend.

d. Not report the friend unless the activity is illegal.

Related Book For answer-question

Auditing and Assurance services an integrated approach

ISBN: 978-0132575959

14th Edition

Authors: Alvin a. arens, Randal j. elder, Mark s. Beasley

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Posted Date: Mar 08, 2022 02:51 AM

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An auditor discovers some material inefficiencies in a purchasing function. The purchasing manager happens to be the

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The correct answer is Option A which is Objectively ... View the full answer

Auditing and Assurance services an integrated approach

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