Assignment 3

Assignment 3

write aN essay that addresses the following:

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– why is it so important for auditors to maintain high ethical standards?
– describe independence, and why is it so relevant for auditors?
-describe the issue of recording time, and why not recording time may be against company policy?
-Explain the code of professional conduct and give examples.
– explain the notion of “it takes many audits to offset the cost of one lawsuit”
– describe the difference between business failure, audit failure, and audit risk.
– describe what happened in the BarChris case
– provide a summary on the Securities Exchange Act of 1934

Essay must be in APA style, have an introduction, and a comprehensive conclusion. Essay must have at least 16 external references, with in-text citations for each reference. Make sure to spell check. Do not copy paste text! Do not write in first person.

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