Professionalism‚ Ethical Codes and the Internal Auditor: A Moral Argument Mary Ann Reynolds ABSTRACT. This paper examines the case of the internal auditor from a sociological and ethical perspective. Is it appropriate to extend the designation of professional to internal auditors? The discussion includes criteria from the sociology literature on professionalism. Further‚ professional ethical codes are compared. Internal auditors’ code of ethics is found to have a strong moral approach‚ contrasting
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Roles and Duties of Auditors Taylor Hibma Taylor Hibma lives in New York City and began writing professionally in 2007. His articles have appeared primarily on the websites eHow and Pluck on Demand. Hibma has a bachelor’s degree in English and is pursuing a master’s degree in creative writing at the City College of New York. He has also received a certificate in filmmaking from the Digital Film Academy. Auditors are responsible for gathering and analyzing various types of financial information
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The Impossibility of Auditor Independence Intentional collusion of auditors and their clients is is not the major cause of Audit integrity. Most of the times‚ auditors find it difficult to become objective. In 1992‚ Phar-Mor‚ Inc. drugstore in the United States seeking a court protection from corruption failed a court case. The previous auditors‚ Coopers & Lybrand‚ Phar-Mor’s failed to state inventory inflation and manipulation of finanicial that lead to overstating of $985 million earnings
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In more than one way‚ the film release of the Steven Spielberg-Tom Cruise movie ’Minority Report’ could not have been better planned than what is based on a Philip K. Dick book of the same name. Compared to the Book‚ movie is more detailed‚ imaginative‚ creative and original. And on the other side the original book‚ that is serviceable but unpolished‚ it’s also a little clunky and short. The film renders a much more detailed view of a near-term future world than that present in the original book
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Ethical Issues in The 2002 Steven Spielberg Movie Minority Report Technology is progressing every day. We have come so far in the past ten years. Imagine life in 2054‚ and what life will be like. That is what Philip K. Dick did in 1956 when he wrote the short story Minority Report‚ which was later produced as a movie. In the movie Minority Report‚ a team of officers led by John Anderson (Tom Cruise)‚ work together in the precime division. They collect information given by precogs to find
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Corporate Annual reports are produced by companies every year to be filed at companies House by Law and they are sent to its shareholders in order to inform them on their success throughout the year of trading. All Corporate annual reports have similar structures and they consist of both non-statutory items which are the informational parts of the report and the statutory items which give some insight into the financial matters of the company. The report proposes to provide information that is useful
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Auditees : ____HO s and staff Department : IFC‚FEM‚HR‚KESSB‚SSHE‚PBB‚AH‚PH/BS‚CARGO ____Date of Audit : _____26TH Nov 2012 – 18th Dec 2012___ Procedure Involved : a) OSH Act 1994 & relevant Regulations b) F&M Act 1967 & relevant Regulations (including BOWEC Reg. 1986) c) OHSAS 18001 Standard d) ISAGO Standards Manual Effective May 2010 2nd Edition e) EMS ISO 14001 StandardAudit Team : 1. En. Meor Badrul Niza bin Ahmad Rafie – Dept :ILS 2. En Amir Syakib Yahya – Dept
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Based on Philip Dick’s 1956 science-fiction novel‚ Minority Report is a film directed by Steven Spielberg and released in 2002. Set in the apparent utopian society of 2054 in Washington DC‚ murder has been virtually eliminated as a result of a specialised division of law enforcement known as “pre-crime”. Three children‚ called pre-cogs‚ with the ability to foresee murders allow them to arrest criminals before any harm is done. John Anderton heads up this department‚ until he is convicted of the future
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to support audit trails. Reporting Principles Necessity for Concise Reports Emphasis on Both Physical and Monetary Measures Frequency of Reporting Responsibility Reporting Reporting by Function Comparative Reporting Exception Reporting REPORTING PRINCIPLES Necessity for Concise Reports: - Concise reports contain only the data that are essential to the performance of the recipient’s duties. - Concise reports are important for two reasons: (1) Most operations have relatively few
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the other hand‚ under 10b-5‚ the opposite outcomes would have occured. 6-22 a. The first part of the report simply states the internal controls of the company over financial reporting. Teh second part of the report states how management is responsible for fairly presented financial reports. b. An auditor literally has to see if the internal controls are effective and if the financial reports are presented
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