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ethics

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › ethics

  • This topic has 4 replies, 2 voices, and was last updated 6 years ago by Ken Garrett.
Viewing 5 posts - 1 through 5 (of 5 total)
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  • May 13, 2016 at 5:25 am #314849
    salluk
    Member
    • Topics: 31
    • Replies: 52
    • ☆☆

    sir what is difference between audit team and engagement team? in safeguards for ethical threat I continuously come across with this word ”engagement team”

    May 13, 2016 at 6:01 am #314855
    salluk
    Member
    • Topics: 31
    • Replies: 52
    • ☆☆

    sir what is this audit partnership means? is it same as a audit team?

    May 13, 2016 at 9:14 am #314897
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10197
    • ☆☆☆☆☆

    audit team = engagement team.

    Engagement is a more general term, but audit team is fine.

    The audit partnership is the whole audit firm: the partners and the employees. An audit team is the particular members of the firm who are involved on a particular audit.

    May 13, 2016 at 10:02 am #314908
    salluk
    Member
    • Topics: 31
    • Replies: 52
    • ☆☆

    sir in safeguards for threats, it is usually said ” separate engagement team should be involved for this particular service’ . so does it mean separate audit team of same audit firm is providing service?

    like in taxation service, as a safeguard it is said where services are provided separate teams must be used. is that separate team from same audit firm? if yes, then has audit firm right to provide such services?

    May 13, 2016 at 5:02 pm #314964
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10197
    • ☆☆☆☆☆

    Yes.

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