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please help me my homework i ethics
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Below is a summary of the key components of the standard for government audits as elucidated in
chapter 3 of the GAO yellow book.
Independence; definition and reasons for independence - From an adding point of view,
independence refers to the ability of the auditor to remain impartial during the execution of their
duties. The auditor should always strive to maintain their independence and avoid compromising
their judgment by allowing themselves to get influenced. They should also appear and present their
judgments and professional skepticism in clear and uninfluenced manner. Independence ensures
neutrality and professionalism while presenting findings.
Hindrances to independence – some of the factors that might compromise the independence of an
auditor include; self-interest, inability to remain objective as a result of political and social
pressures, biases, undue influence by the management, and pressure from the government.
Non-audit services effect on an auditor’s independence – An auditor should always strive to
evaluate the effect of their non-audit services to the independence of their audit reports. They
should evaluate the necessity of their non-audit services, the types of services that would be
performed in their non-audit activity and the organization’s reception of their non-audit activities.
The auditor should also gauge the limiting effects these services would have on their real audit
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