Case studies on how the ethical codes of the CCAB bodies can be applied by professional accountants working in public practice. Including principles and processes that could be considered when attempting to identify, assess and resolve ethical problems in line with the ethical codes.
Many entities will ask their auditors for support with the transition to FRS 102, but this can create ethical problems. "Auditor’s could encounter some pretty substantial threats to their independence," says John Selwood.
A pro forma checklist to form the basis of a critical assessment of a proposed engagement ahead of accepting or declining an appointment. Any concerns or issues raised or highlighted by completing this checklist should be noted and followed up. We do not, however, regard this checklist as comprehensive. Different clients and particular circumstances may require a different form of internal reporting, and you may wish to adapt this checklist to the individual circumstances of your client and proposed engagement.
It is in the interest of auditors and their clients as well as the entire financial community for accurate, timely and honest information to be available to auditors, from whatever source. This technical release deals with receipt of information in confidence by auditors.