Questions from Accounting for Government and Non-Profit

Q: Assume that an auditor makes an agreement with a client that the

Assume that an auditor makes an agreement with a client that the audit fee will be contingent upon the number of days required to complete the engagement. Is this a violation of the Code of Profession...

Q: The auditor's audit files usually can be provided to someone else only

The auditor's audit files usually can be provided to someone else only with the permission of the client. Give exceptions to this general rule.

Q: Identify and explain factors that should keep the quality of audits high

Identify and explain factors that should keep the quality of audits high even though advertising and competitive bidding are allowed.

Q: What are the differences and similarities in audits of financial statements,

What are the differences and similarities in audits of financial statements, compliance audits, and operational audits?

Q: Summarize the restrictions on advertising by CPA firms in the rules of

Summarize the restrictions on advertising by CPA firms in the rules of conduct and interpretations.

Q: The International Ethics Standards Board for Accountants (IESBA) Handbook of

The International Ethics Standards Board for Accountants (IESBA) Handbook of the Code of Ethics for Professional Accountants is available for free download from the IFAC website (www.ifac.org). Simila...

Q: Why is there a special need for ethical behavior by professionals?

Why is there a special need for ethical behavior by professionals? Why do the ethical requirements of the CPA profession differ from those of other professions?

Q: List the four parts of the Code of Professional Conduct, and

List the four parts of the Code of Professional Conduct, and state the purpose of each.

Q: In the conduct of audits of financial statements, it would be

In the conduct of audits of financial statements, it would be a serious breach of responsibility if the auditor did not thoroughly understand accounting. However, many competent accountants do not hav...

Q: What organization is responsible for developing ethics standards at the international level

What organization is responsible for developing ethics standards at the international level? What are the fundamental principles of the international ethics standards?