.............................................2 2. The role of internal and external auditors in corporate governance..............................2 3. Difficulties faced by auditors in contribution to corporate governance……………....4 4. Conclusion…………………………………………………………………………….6 5. References…………………………………………………………………………….7 1. Introduction Corporate governance involves measuring‚ reporting‚ transparency‚ and monitoring‚ relevant and reliable information for decision-making. Therefore
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WHY TEENAGERS ARE SO WORLDLY? One of the most disheartening trends in the church today is the lack of enthusiasm displayed by teenagers concerning the things of God‚ in contrast with their fanatical fascination with the things of the world. Even children of very good Christian people seem to be caught up in the trend. In some churches‚ worldly gospel music is adopted to appeal to the youths. This is testimony to the fact that we have lost faith in the power of prayer and the Word of God to solve
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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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Introduction Independence is a fundamental to the reliability of auditors’ reports. It is an attitude of mind characterized by integrity and an objective approach to professional works. A professional auditor should work both independent and seen to be so. Nowadays‚ but‚ the trend of providing non-audit services to audit clients seem to be sweeping accounting firms all over the world; impacts of independence impairment caused by this trend should not be ignored. The Meaning of Independence The
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Safeguard of auditor independence (i)Established An Audit Committee We support the given measure as Sarbanes-Oxley Act of 2002‚ Section 204 requires auditors reports to audit committee (www.sarbanes-oxley.com).First‚ such committee is independent non-executive directors provide auditors an independent point of reference than executive directors of the company. Second‚ it enhancing the independence of auditors by provides a direct channel of communication between top management and the auditors. As such
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less money than it spent is not sufficient to evaluate its "success." Understanding how well a government performed requires information about what the government did with the resources it raised. How much service did it provide? Were the services provided efficiently and effectively? What did the government accomplish?” (Mead‚ 2008) This is where SEA reporting plays a role in governmental accounting. The SEA report is an external report aside from the annual comprehensive financial report which
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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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Semester 2012 Soccer is the most popular sport in the world. The first set of soccer rules were created in London‚ England in 1863‚ but the sport was played long before that‚ for recreation. Bill Shankly a Scottish soccer player once said‚ “Some people believe soccer is a matter of life and death...it is much‚ much more important than that.” Shankly’s quote is the general feeling throughout the world about the game of soccer. Saying soccer is a game in most parts of the world is incorrect…it is a
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Author Mrs. professor English # # March‚ # Why are we so angry? A) Identifying myself to an article is something that I look forward to when reading and that is exactly what happened with “Why are we so angry?”. I enjoyed this article because I could relate to several of the stories they listed. Anger is definitely a big problem in today’s society and although there are many ways to be happy‚ anger is always present and easier to come
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ETHICS AND ITS THREATS TO AN AUDITOR BY UADIA CHRISTOPHER 14027674 Ethics Ethics can be defined broadly as a set of moral principles or values The word “Ethics” was derived from the Greek word ethos‚ meaning ‘character’. Ethics are standards of behaviour that describes how people react when they encounter different situations Ethics for Professionals The professional Ethics code is a part of Ethics which answers the question: how should the profession be practised? Professionals
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