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decision during the audit‖.
Required
Based on the hypothetical scenario above, the topics related the
fundamental principles of
professional ethics you need to reflect on the following:
1.Why it is important for you as an auditor who is a member of a
professional accounting body to
adhere to the code of professional ethics (APES110)?
(In order to provide a good reflection, you need to understand the
topics related to the demand for an independent
audit )
2.Objectivity is one of the fundamental principles of professional
ethics as stated in APES110.
Describe objectivity principle in your own words. What are the
potential difficulties or challenges
that you might be facing in upholding this principle when working on
an audit engagement? You
need to discuss three difficulties or challenges. You also need to
provide specific examples to
support your argument.
Length
Maximum 600 words. Reference list is not included in your word
limit.
High light:
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Begin a discussion with the other members
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Begin a discussion with the other members of your small group about
the
themes. Replies to your peers should go beyond ―I agree‖ or ―Great