Auditing Accounting

Words needed: 1000-1100 Word count

Ethics plays a major role in the auditing process and profession. Discuss the ethical theories that can be utilized to deal with issues that can arise during the audit process. Address the following topics:

Explain how you could establish a framework using these theories to support an audit.
Highlight the key principles of the American Institute of CPAs (AICPA’s) Rules of Conduct.
Compare and contrast their rules against the rules used in international audits under the International Ethics Standards Board for Accountants (IESBA).
What does independence mean in an auditing context?
Compare and contrast in fact and in appearance, and illustrate their differences.

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Auditing Accounting

Question one

In such a case, my framework could be influenced by two main factors, which include Engagement Team Personnel and Audit-testing Procedure. This personnel are in-charge of engagement as well as its operation. Consequently, the engagement personnel have the responsibility of supervising of the engagement work of members of the team for agreement with the standards set by PCAOB,

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