question archive Auditing Question The Ontario Rules of Professional Conduct are in place to protect the public and the practitioner
Auditing Question The Ontario Rules of Professional Conduct are in place to protect the public and the practitioner
Subject:AccountingPrice: Bought3
Auditing Question
The Ontario Rules of Professional Conduct are in place to protect the public and the practitioner. Independence has been of particular importance.
Required:
a)List and briefly explain 3 threats to independence that public accountants may encounter in their practice.(6 marks)
b)Briefly explain two approaches that auditors can use to address professional risk arising due to independence concerns. ( 2 marks)
c)Brieftly explain the professional rule of conduct relating to advertising ( 2 marks).
