Professional ethics - valuable assets of the auditors
Professional ethics - valuable assets of the auditors
Professional ethical standards of accounting, auditing features basic difference compared to other sectors of society, madam?
The progress of society demand that practitioners in any field that must also comply with the basic professional ethics. These practitioners are based on specific standards and guidelines affecting the basic vital to the profession to build the foundation to ensure that ethical and professional occupations are the product of the social importance, honor. Professional ethical standards of accounting and auditing as well, it has special characteristics compared to other sectors of society.
First, in the process of auditing or accounting services, professional ethics standards require auditors and the accounting practice to really not be governed or affected by any material benefits any physical or mental harm to the honesty, objectivity and independence of their careers.
Monday, Ethics Standards require auditors and the accounting practice is not recognized as an auditor or accountant for the units which they have economic relations or economic interests as capital contribution, loan or loans from clients, or dominant shareholder of the client, or have signed contracts, services, goods outlets.
Tuesday, professional ethical standards of accounting and auditing required auditors and accounting practice is not recognized as accounting and auditing in units which themselves are related to their birth parents (as have a parent, spouse, child, brother, sister) is in the public management and administration (Board, Board of Directors, Chief Accountant, the Head, deputy and the equivalent) in the customer unit.
Wednesday, ethics standards of accounting, auditing requires auditors to practice not just accounting services, such as accounting entries, financial reporting, internal audit, valuation production, management consulting, financial advisory, tax and auditing services both for the same customers.
The act of unfair competition such as discounts on services, the franchising practice auditor to place on the market of accounting services, auditing today can be considered a violation of ethical?
With service issue discount on the market today, we need to understand the specific behaviors and conclusions are. When the auditor receives a contract to provide services at lower costs than the fee the company's previous auditor, or from charges made by other companies, the likelihood of risk due interest is substantial, it has violated professional ethics, unless: the company can prove that they were appointed auditors practicing able to do the job within a reasonable time; and all the auditing standards will be strictly applied, the guidelines and process quality management services will be followed.
Acts to lend their names, but also auditors' auditor to use the name "must be responsible before law for the comments of" people in the name of the auditor "on" Report a problem auditing problem ".
Adherence to professional ethics usually voluntary, so with practice management functions, VACPA what measures and regulations required to detect violations of this ethical?
First of all, VACPA detects violations of professional ethics adopted by the activities of professional associations and in conjunction with the Ministry of Finance organizes the practice tests and registration of the accounting practice members and auditors in the practice organization providing audit services annually.
If people violate professional ethics is a member of VACPA, we will review and analyze the ethical violations of members considered it severe or mild. First, VACPA Membership required self-criticism and depending on the level we will make their decisions. If the offense severity, affecting professional prestige, cause adverse effects in society, that member will be dismissed from the professional associations; in a more serious level, the report VACPA State competent to handle.
VACPA will be updated regularly support expertise and legal knowledge for its members through the seminars, in conjunction with the Ministry of Finance in organizing drives annually update their knowledge to help the qualified members of professional and ethical practice in order to avoid ethical violations. The job of management is the best measure of our members to support their |
