Auditing Theory and Practice Case 1 WorldCom: A Focus on Professional Responsibility Prepared by: EL Ahmadi Med Reda Worked With: Ibtihal Slassi Fall 2013 1- Auditor independence refers to the disinterest from the internal and external parties that could influence the professional judgment of an auditor. In other words‚ auditor independence is the lack of any interest that may create a threat or a risk of material bias regarding the reliability of the financial statement
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Ethical Theories Ethical theories are the concepts that provide various viewpoints and guidance in making beneficial decisions. With the ethical theories‚ principles can be beneficial to each of the theories success. In this paper‚ traditional theories analyze how to gain a principle understanding of where they originated and how they achieve as theories. Ethical theories include and provide a brief background of Utilitarianism‚ Kantian‚ Social Contract‚ Divine Command‚ Natural Law‚ and the
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workplace ethics are based on the abstract moral codes adopted and adhered to by each member of the group. Ethics lay down a set of codes that people must follow. Ethics are relative to peers‚ profession‚ community‚ society and nation. Morals are and are dependent on an individual’s choice or beliefs or religion and can mean doing the right or wrong thing. An example to help you understand the difference would be: Abortion is legal and therefore medically ethical‚ while many people find it personally immoral
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1. Briefly explain how the CIPD HR Profession Map defines the HR profession‚ including the professional areas‚ the bands and the behaviours. The HR profession Map captures what successful and effective HR people do and deliver across every aspect and specialism of the profession‚ and sets out the required activities‚ behaviour and knowledge. It covers 10 professional areas and 8 behaviours‚ set out in 4 bands of competence. The Map covers every level of the HR profession: Band 1 being the
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AICPA Code of Professional Conduct Composition‚ Applicability and Compliance The Code of Professional Conduct of the American Institute of Certified Public Accountants consists of two sections—(1) the Principles and (2) the Rules. The Principles provide the framework for the Rules‚ which govern the performance of professional services by members. The Council of the American Institute of CPAs is authorized to designate bodies to promulgate technical standards under the Rules‚ and the Bylaws
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| |Qualification Title: Human Resources Diploma - CIPD Level 5-DHRM | |Unit Title(s): Developing Professional Practice | |Unit Code(s): 5DPP | |Assessment Activity (and assignment title if applicable):
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Chapter 2 Professional Ethics and Conduct Overview • • • • Roles and duties of professional accountants Ethical principles of auditors Technical and ethical competence of auditors Essential disciplinary measures for auditors 2 Concept of a profession • Five attributes of a profession – a systematic body of theory – authority of professional bodies – community sanction for control over membership and accreditation – ethical codes – a professional culture 3 The
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Ethical Practice and Legislation Michelle Millan University of the Rockies 6/21/2013 Abstract The American Psychological Association’s work towards establishing the ethical code of conduct is to assist psychologists with maintaining integrity and building trust with their clients. The guidelines that have been set forth come from years of experience by members of the APA dating back decades. They have earned their respect and acknowledgement with their efforts
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INTRODUCTION The first article ‘hundreds of economists agree Marijuana legalization could save taxpayers $13 billion per year’ by Jonathan Benson underlines a sensible ethical issue which legalizing a plant regarded as drug – though non-narcotic – in other to save and to make more money. In second article‚ “Pepsi’s ’Next’ generation - Less sugar!”‚ Scott Morefield highlights Pepsi’s procedures of making soft-drink –thereby making money – which harmful for the customers. On one hand‚ Pepsi gets
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The Similarities and Differences between Professional Football and Basketball Elbert L. Hereford COM/170 - ELEMENTS OF UNIVERSITY COMPOSITION AND COMMUNICATION I 11/27/2012 Daniel Gleason Thesis There are several similarities and differences between basketball and football as sports. The competitive nature of games calls for the society to express itself in these types of physical activity. Both of these activities require a finish goal where one team loses or wins in return giving the
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