The following actions taken by registered external auditors are example of non-compliance with one or more principles listed above; Question 4 Peter Kent the registered auditor in charge of the audit of Advetech Ltd, charged the client a fee for audit procedures that he knew had not actually been carried out.
Registered external auditors must have the knowledge and skills to perform their function and should be honest. There are also a number of other attributes or fundamental principles of ethical behavior, which all auditors should have and these are identified in professional external auditing standards issued by IRBA as follows:
· integrity
· objectivity
· professional competence and due care
· confidentiality
· professional behavior
The following actions taken by registered external auditors are example of non-compliance with one or more principles listed above;
Question 4
Peter Kent the registered auditor in charge of the audit of Advetech Ltd, charged the client a fee for audit
procedures that he knew had not actually been carried out.
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