tailieunhanh - Lecture Auditing and assurance services in Australia (4th ed): Chapter 3 - Grant Gay, Roger Simnett

Chapter 3 - Ethics, independence and corporate governance. This chapter outlines the nature and importance of ethics, and the responsibilities imposed on auditors by the profession through the code of professional ethics. One fundamental ethical requirement for an auditor is independence. This chapter explains the concept of independence and how it is supported by legislation and the ethical rules. | Chapter 3 Ethics, independence and corporate governance 3- Copyright 2010 McGraw-Hill Australia Pty Ltd PPTs t/a Auditing and Assurance Services in Australia 4e by Grant Gay and Roger Simnett Slides prepared by Roger Simnett Learning objective 1: The nature and importance of professional ethics Ethics are concerned with the requirements for the general well-being, prosperity, health and happiness of people. It requires knowledge of moral principles and skills in applying them to problems and decisions. 3- Copyright 2010 McGraw-Hill Australia Pty Ltd PPTs t/a Auditing and Assurance Services in Australia 4e by Grant Gay and Roger Simnett Slides prepared by Roger Simnett Ethical rules The establishment of ethical codes and disciplinary rules does not necessarily create an ethical culture or ensure the moral integrity of employees. APES 110 'Code of Ethics for Professional Accountants', issued by the Accounting Professional and Ethical Standards Board (APESB), indicates that members are expected to comply with the spirit as well as the letter of the rules. Ethics are principally attitudes of mind rather than compliance with written rules of conduct. 3- Copyright 2010 McGraw-Hill Australia Pty Ltd PPTs t/a Auditing and Assurance Services in Australia 4e by Grant Gay and Roger Simnett Slides prepared by Roger Simnett Learning objective 2: Ethical theory Teleological ethics: deal with the consequences or outcomes of actions Generally, if the benefits of a proposed action outweigh the costs, the decision is morally correct. Deontological ethics: based on duties and rights Duties and rights set down in rules that must be followed. Virtue ethics: focus on personal qualities, such as the integrity of the decision maker. 3- Copyright 2010 McGraw-Hill Australia Pty Ltd PPTs t/a Auditing and Assurance Services in Australia 4e by Grant Gay and Roger Simnett Slides prepared by Roger Simnett Learning objective 3: Accounting bodies’ . | Chapter 3 Ethics, independence and corporate governance 3- Copyright 2010 McGraw-Hill Australia Pty Ltd PPTs t/a Auditing and Assurance Services in Australia 4e by Grant Gay and Roger Simnett Slides prepared by Roger Simnett Learning objective 1: The nature and importance of professional ethics Ethics are concerned with the requirements for the general well-being, prosperity, health and happiness of people. It requires knowledge of moral principles and skills in applying them to problems and decisions. 3- Copyright 2010 McGraw-Hill Australia Pty Ltd PPTs t/a Auditing and Assurance Services in Australia 4e by Grant Gay and Roger Simnett Slides prepared by Roger Simnett Ethical rules The establishment of ethical codes and disciplinary rules does not necessarily create an ethical culture or ensure the moral integrity of employees. APES 110 'Code of Ethics for Professional Accountants', issued by the Accounting Professional and Ethical Standards Board (APESB), .

• Kế toán - Kiểm toán
• Assurance services profession
• Assurance services
• Auditing services
• Audit process
• Financial repport audit process
• Financial report assertions
• Structure of the profession
• Audit firms
• Assurance framework
• Accounting information
• Professional status
• Regulation of auditing
• The auditing profession
• Corporate governance
• Professional ethics
• Legal liability
• Liability to clients
• The business
• Strategic business risk
• Inherent risk assessment
• Inherent risk
• Internal control structure
• Assessing control risk
• Tests of controls
• Sales cycle
• Substantive tests
• Substantive tests of transactions
• Audit sampling
• Sampling theory
• Adjusting events
• Financial report
• Auditor’s reporting obligations
• Professional reporting obligations
• Prospective financial information
• Highlight information
• Institute of internal auditors
• Government accounting
• Reporting duties
• E commerce systems
• Business risk assessments