Q5 Using the same senior personnel on an assurance engagement over a long

Q5 using the same senior personnel on an assurance

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Q5: Using the same senior personnel on an assurance engagement over a long period oftime may create what type of thereat to independence?在一时间内使用同的高级人员从事保证业务可能会产生独立? a. Self interestb. Advocacyc. Familiarity d. Intimidation恐吓 Safeguards to auditor independence 审计师 独立 性的保 1) Created by profession, legislation or regulation 、法 规或规章 Quality control standards 制标准 Code of ethics 德规 Legislative requirement to be independent 立法 求独立 2) Created by accounting firms 由会计师事务所 quality control procedures 程序 client acceptance and continuance 客户 受和 3) Created by clients Corporate governance 公司 Policies and procedures 政策 程序 Auditor’s relationships with others 审计师 他人的关 1) Shareholders 股东 Audit report addressed to them 给他们的审计报告 Attendance at AGM 出席股东大会 Formal responsibility for auditor appointment 对审计师任 正式 责任 2) Board of directors 事会 Represents shareholders 代表股东 Executive and non-executive directors 执行 事和非执行 Large companies have committees made up of several directors to deal with specific issues 大公司有几个由几 成的 员会 问题 Audit committee 审计 员会 A special committee of the board of directors 事会的一个 员会 non-executive directors, majority independent 非执行 事,多 数独立 financial accounting knowledge of directors are desirable 有财务会计 优先 Acts on behalf of board in financial reporting and audit matters 代表 事会 理财务报告和审计事务 meets with external and internal auditors 与外部 内部 审计师会面 aid to auditor independence 审计 独立 性的 Top 500 listed companies must have audit committee 500 上市公司 必须 有审计 员会
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top 300 must follow ASX guidelines 300 必须遵 ASX 指导 Internal auditors 内部 审计师 Viewed by external auditor as part of client 被外部 审计师 为客户的一 External auditor can reduce scope of testing if effective internal audit function 如果 内部 计有 外部 审计师可以 减少测试范围 (ASA 610: ISA 610). Depends on internal auditor’s: objectivity technical competence due professional care communication with external auditors 内部 审计师的 : 技术 由于 与外聘 师的
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