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Answering the question

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AAA Exams › Answering the question

  • This topic has 1 reply, 2 voices, and was last updated 5 years ago by Kim Smith.
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  • June 1, 2019 at 8:54 am #518165
    dumonde
    Participant
    • Topics: 28
    • Replies: 58
    • ☆☆

    Kim,

    Question asks for ethical and professional issues…. question involves intimidation threat and restriction of auditors duties…

    The solution suggests the “Impact on the financial statements” presumably as a professional issue however I struggle with this as regardless of the dilemma or issue, the audit process and result should be solid if delivered in the right way, planned, coordinated, supervised, reviewed etc

    Why is there a professional / ethical issue in relation to the FS, seems a little tenuous…. or could we always use this within this context?

    June 1, 2019 at 10:25 am #518174
    Kim Smith
    Keymaster
    • Topics: 133
    • Replies: 8274
    • ☆☆☆☆☆

    But if through intimidation (for example) you cut corners the quality of the audit would be compromised. Quality of the audit is a professional issues (competence, due skill and care, etc).

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