Summary of Task Task 1 It is important that an auditor should comply with fundamental principles and ethical belaavior while secepting and conducting an audit Explain fundamental principles and ethical conduct that sodatoes should always suintain with their clients. Task 2 Why audit planning is an important audit functiom? Explain how Peter & Co is lagging in planning of the stated audits? Task 3 Discuss the conduct of Mr. George in his profession as an auditor. State clearly whether he fulfilled the necessary qualities of being an auditor and explain what are the appropriate actions that the audit firm can take to safeguard and implement ethical conduct. Task 4 Critically cominent on Ms. Nancy's acceptance of the bank audit and explain what are the necessary steps that should be taken before accepting an audit engagement. This is a "Group Assignment". Group site is to students. 2 mars 6 marts Marking scheme Introduction & background of the case Literature review (Task 1 to 4) Critical analysis Task 1 to 4) Learning derived & suggestions Overall structure & referencing TOTAL = 4 maris 2 marks 20 marks Summary of Task Task 1 It is important that an auditor should comply with fundamental principles and ethical belaavior while secepting and conducting an audit Explain fundamental principles and ethical conduct that sodatoes should always suintain with their clients. Task 2 Why audit planning is an important audit functiom? Explain how Peter & Co is lagging in planning of the stated audits? Task 3 Discuss the conduct of Mr. George in his profession as an auditor. State clearly whether he fulfilled the necessary qualities of being an auditor and explain what are the appropriate actions that the audit firm can take to safeguard and implement ethical conduct. Task 4 Critically cominent on Ms. Nancy's acceptance of the bank audit and explain what are the necessary steps that should be taken before accepting an audit engagement. This is a "Group Assignment". Group site is to students. 2 mars 6 marts Marking scheme Introduction & background of the case Literature review (Task 1 to 4) Critical analysis Task 1 to 4) Learning derived & suggestions Overall structure & referencing TOTAL = 4 maris 2 marks 20 marks