For faster services, inquiry about  new assignments submission or  follow ups on your assignments please text us/call us on +1 (251) 265-5102

WhatsApp Widget

FIN6002: State and explain the 5 ethical principles outlined by the IESBA with examples: Audit Assignment, AU, UK

Question 3

Goody works for a firm of chartered accountants who specialise in external audit, tax advice, and retail systems. Most of your clients are small retail direct sales companies.

A large national company, Parker Plc, who operate in the same industry as several of your clients have approached you to work on their external audit after a disagreement and challenges faced with the previous auditor. They have offered a fee that would constitute 20% of the total revenue of your firm, but only on the condition that the work was completed within 2 weeks of their year end.

Required:
a) State and explain the 5 ethical principles outlined by the IESBA with examples.

b) If your firm accepts this engagement state five key points that must be covered by the engagement letter per ISA 210, then briefly explain the significance of the engagement letter.

c) Discuss four potential ethical and other issues that your firm may face in the above scenario, and conclude on whether or not your firm should accept the appointment.

Buy Answer of This Assessment & Raise Your Grades

Request to Buy Answer

The post FIN6002: State and explain the 5 ethical principles outlined by the IESBA with examples: Audit Assignment, AU, UK appeared first on Students Assignment Help UK.

WhatsApp
Hello! Need help with your assignments?

For faster services, inquiry about  new assignments submission or  follow ups on your assignments please text us/call us on +1 (251) 265-5102

Submit Your Questions to Writers for FREE!!

X
GET YOUR PAPER DONE