Auditor Responsibility and Priority Responsibilities
Discuss the Public auditor’sresponsibilities, confidently obligations, and their ethical standatdsi
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Based upon outline done in last paper for key assignment project paper for the following:
Key Assignment: Part 1
You were assigned to prepare a presentation on the auditor’s public responsibilities for the short seminar. Use the CTU library and the Internet to cover the following issues:
- Because auditors must act with integrity and prioritize their public responsibility, discuss the conflict between the auditor’s client confidentiality obligations and the auditor’s ethical standards to gain the public trust.
- Explain and discuss how the Dodd-Frank Act and the whistle-blower program can protect accountants and auditors.
- Discuss why it is important for auditors to show evidence that they followed the ethical and professional standards.
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The auditor code of discretion expects the auditors to avoid revealing information of their clients to other individuals but to adopt measures that facilitate the maintenance of secrecy. This principle also asserts that the auditors are supposed to abstain from revealing the information of the company to other external persons due to expert and commercial relations in the absence of…
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