ipl-logo

APES 110 Code Of Ethics For Professional Accountants

1355 Words6 Pages

[Year]

[Type the author name]

[AUDITING AND ASSURANCE STANDARDS]

Answer to Question no 1 (1)
The audit threat identified in the said situation is the threat to compliance with the essential principles of auditing. As per this there is an obligation on the auditor to perform only those activities which he is competent to perform being a Member in Public Practice. Thus in this case the fact that Geoff is required to give a speech in the seminar held by LTH so as to secure more investors is acceptable but the fact that it will help Geoff to secure the audit of LTH would create the above mentioned threat. However the best possible way to overcome the said which may create a conflict of interest thus threatening the very independence of the auditor is by making it very clear to the client that he would not speak up anything that is not true and fair. This would help to reduce the risk to an acceptable level yet ensure that the work is secured as well from LTH (Apesb.org.au., 2010). But if the same is not acceptable by the client and he demands to give a …show more content…

286-293

Show More
Related
802 Words | 4 Pages

1. Identify the specific circumstances under which auditors are allowed to provide confidential client information to third parties. According to ET Section 391.004, an auditor would be violating Rule 301.01 if the information is considered to be confidential client information, unless the auditor has the clients' specific consent, preferably in writing, for the disclosure or use of such information. “A member in public practice shall not disclose any confidential client information without the specific consent of the client” (AICPA § 301.01).

Read More
374 Words | 2 Pages

It can be frustrating and perhaps confusing when choosing a childhood program for your child. There are so many aspects of a school to consider such as the environment, the teachers and staff, the children, the philosophy, and the community. As parents, you want to pick the perfect facility. A facility that you know will be the most beneficial and supportive for your child. Luckily, the NAEYC provides us with wonderful guidelines in order to guarantee that you are picking best program for children.

Read More
382 Words | 2 Pages

In the article Accountants Save the World by Peter Bakker, one of his casual claims is that “to address current economic crises in a systematic way, we must begin to demand a return on social and natural capital as well. ”1 As a result, Bakker felt that shareholders would not recognize a company's' social accomplishments if it is not captured in financial reports. However, it could be that shareholders do not put social capital into financial statements because they believe that the only social responsibility of business is profits, like Milton Friedman. Therefore, demanding a return on social and natural capital would be ineffective if the majority of shareholders agree with Friedman's view.

Read More
456 Words | 2 Pages

To: New members of the Speech-Language Pathologist Team From: Jensen Nguyen Subject: ASHA Code of Ethics – Discussion on Boundary Crossings and Violations Date: February 1st, 2018 The purpose of this memo is to present my reflection on the extent to which caring might breach the professional boundary between the patient and the practitioner, thus causing potential harm to all parties and violating the integrity of the profession. We want to welcome all new members and remind you to familiarize yourself with the ASHA Code of Ethics, 2016. I encourage you to seek assistance and counsel from your supervisors if needed. Summary: One of the ethical principles a healthcare provider must consider in his/her decision-making is care.

Read More
1231 Words | 5 Pages

Core Values and Ethical Principles The six core values recognized by the NASW Code of Ethics are: service, social justice, dignity and worth of person, importance of human relationships, integrity, and competence (NASW, 2008). These values are defined and expanded upon, and are then listed as ethical principles. Several of these principles apply to this case.

Read More
1300 Words | 6 Pages

Team A Amanda Nazario, Andrew Pierson, Jamie Watson, Nardia Martin HCS/335 Code of Ethics Paper Patty Daugherty 11/07/2016 The American Red Cross is an independent humanitarian organization whose sole purpose is to assist the community and the world in a time of need. It has been established and helping many people for many years. The American Red Cross is the crisis responder when there is a natural disaster such as a flood, tornado, wildfire, and even the small house fire. The American Red Cross is there to assist the people who have just experienced such a traumatic moment in their lives and help them to get back on their feet.

Read More
1351 Words | 6 Pages

The California Hospital Association (CHA) and the California Chapter of the American College of Emergency Physicians (California ACEP) are advocating defining the roles of providers of mental healthcare services. They want to clarify when a 72-hour mental health hold begins and ends. The groups want a liaison on position that helps improve communication between county mental health services and health care facilities (CHA, n.d.). CHA and California ACEP feel it is important to include language in the bill to assure counties complete prompt evaluations of patients presenting with in a mental health crisis.

Read More
412 Words | 2 Pages

When reading the IAMFC Code of Ethics and AAMFT Code of Ethics I found that they compare significantly, much more than they contrast. Many of the principals coincide. For example, the topic of multiple relationships is one of the many principles that parallel in many codes of ethics. The IAMFC Code of Ethics encourages family counselors to “avoid whenever possible multiple relationships, such as business, social, or sexual contacts with any current clients or family members” (Section A). Similarly, the AAMFT Code of Ethics also requires that therapists “make every effort to avoid conditions and multiple relationships with clients that could impair professional judgment or increase the risk of exploitation.

Read More
365 Words | 2 Pages

The code of ethics on the IACP website is more consistent with the public service role of police instead of the crime fighting role. The code is talking more about the public service role with few references to the crime fighting role. Some of the main key points are serving the community, protecting the innocent, respecting constitutional rights, and being an example to all. To me this speaks to the public service side more.

Read More
510 Words | 3 Pages

Should you decline this job just because you do not want to make low security system, even though your client wants it. Maybe you should take this offer, but make good security measures with no cost to the client? I think it is quite a good example of dilemma in IT

Read More
642 Words | 3 Pages

Honesty is the greatest quality defines a person more than any characteristic. It seems to be the fundamental foundation for success in one’s life. Although there is a variety of factors influence one’s ability to be honest. Aware of this problem, many universities or communities have created the Honor Code, a statement of honesty that values the hard work and effort, in order to avoid plagiarism by any kind. The importance of Honor Code is ensured that individual will follow the highest standard of integrity of a certain community.

Read More
898 Words | 4 Pages

The seven core values of the NAEYC Code of Ethical Conduct are different kind of commitments that we have to follow in order to be in a field of any early childhood care and education. The seven values are: Appreciate childhood as a unique and valuable stage of the human life cycle. , Base our work on knowledge of how children develop and learn. , Appreciate and support the bond between the child and family, recognize that children are best understood and supported in the context of family, culture, community and society. , Respect the dignity, work and uniqueness of each individual., Respect diversity in children, families ,and colleagues., And finally, Recognize that children and adults achieve their full potential in the context of relationships that are based on trust and respect.

Read More
1306 Words | 6 Pages

1. Introduction – ethics – what are they? Ethics (or moral philosophy) is the kind of philosophy that define concept of right or wrong conduct. In practice, ethics try to resolve questions of human morality, by explaining concepts of good and evil. Ethics, culture, morals – are bind together, they are embedded.

Read More
808 Words | 4 Pages

In this memo I will analyze, evaluate, and recommend amendments to the Code of Ethics of The Association of Business Process Management Professionals (ABPMP), and the Standards of Conduct an ABPMP members should use to support the Code of Ethics in their everyday actions and behaviors. Code Key Points The ABPMP bases their Code of Ethics on the phrase “The keystone of professional conduct is integrity”. Beneath that key phrase, there are three key points that are recognized, an obligation to society, an obligation to employer/client, and an obligation to fellow members of ABPMP and colleagues. The obligation to society is simply a vow not to disclose confidential information of another for a personal interest.

Read More
906 Words | 4 Pages

Code of Ethics Paper When I complete my undergraduate program at Western Kentucky University, I plan to attend law school and pursue a career as a lawyer. Furthermore, I plan to practice law in Kentucky. Therefore, I have chosen to use the Kentucky Rules of Professional Conduct under the Kentucky Bar Association as a guideline for my personal code of ethics. According to the Kentucky Bar Association (2015), competence, diligence, and communication are key ethical values of the legal profession.

Read More

More about APES 110 Code Of Ethics For Professional Accountants

Related Topics

Open Document