ACCA Chapter 7 Auditors and Internal Controls
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threats to independence?
I’ve never heard of those mentioned above, I have heard of:-
Self Review
Self Interest
Familiarity
Intimidation
Advocacy
Yes you are right thats what I have been taught too – SSIFA.
Yeah I was thinking about same thing too.
Hi, im struggling with sound, has anyone experienced this problem?
Have you tried the “Support” page?
I like the story in regards to the jar of the honey hahaa… we do often get gifts such as for example if it is a cotton manufacturer which I audited this year and he actually gave us a pack of tissue rolls and cotton wool, I do not think such small immaterial gifts will have an effect as they are in fact immaterial and cannot affect my independence, but such gifts e.g extravagant paid for holidays or cruises or money gifts then that should be taken as a red flag and not taken as for sure this can impair objectivity, you do not expect to pay for an auditor a 2 week vacation and expect nothing in return 馃檪 and yes in practice it is difficult to reduce but if really material then your independence and ethical objective comes in.
Derar sir,
What is the major differenc among “objectives, purpose and scope.?
Ie objectives of CG, internal audit, external audit
Purpose of CG, internal audit, external audit…
In all the above examples meanings of objectives, n purpose is very ambigious….
Please eleborate them
Regards,
Ashair Zeeshan
This is a question for the “Ask the Tutor” page!
Urgent Help
According to the features of the Sound system of Internal Control it must be 1)Responsive externally 2) Intgrated Internally and 3) Control must be embedded in the culture.
I want to know :
What do we mean when we are talking about
Control must be embedded in the Culture? and what are the differences in the between Internally integrated and Control must be embedded in the culture.Give some explanations
Hi Sir, Are we missing the lecture for Chapter #6 (Corp Governance – Control Systems)?
how can we download the lectures and watch it later
Hi – the easy answer is “You can’t” It’s the only way we can keep this site free. Sorry 馃檨
Chapter 5 CSR lecture from page 51 to 56 missing. also chapter 6 Corporate Governance – Control Systems is also not included in the lecture.
You have to read the notes
There are no lectures for those parts
I keep getting the error message “Serve not found: rtmpt://r.acca.opentuitioncom.netdna-cdn.com:80/play. What can i do to watch the videos it is very frustrating as i want to be able to watch the videos before i sit for my exam.
check support page for help https://opentuition.com/support/
most likely your PC is behind a firewall..
Hi,
I was able to watch lecture videos on my mobile phone.After lecture 5 I was not able to watch anymore.I followed instructions on Tech support web site.Java and cookies are enabled.What else to check?
Thank u!
If you could watch some lectures already, then all lectures should work..
maybe your internet connection became slower?
No idea at all why others do not work for you… please reload/refresh the page and see if it helps
Thanks for this helpful piece of lecture.
This module has really helped clarify some points on Internal Audit which I found were a bit woolly in the BPP textbook…especially the point that IA is a control in itself, and that IA tasks may be carried out by just one idividual in small orgs, etc. (ie. IA will not always be in the form of a big, conventional IA dept, if the org is too small to warrant it)…
…very helpful module, thanks.
this method of study has helped me to focus and with the examples provided by lecturer and students has helped me to understand the subject better thank you.
Very Good.
Easy to grasp. Like the interaction.