Accountancy Forum

Well,,I sometimes think about the audit opinion i would have to give during my articles or job,,,will it be fair enough according to findings,or it will be just giving comfort to clint's needs,
will i be enforced to hide the truth?
yes! if looking at current scenario,,,most of the opinions are according to client's choice,whatever the findings says,e.g WAPDA
where lies the Moral Ethics,,,,,and where do we stand as Muslims

Second important thought comes to me,,is the interest!
being an student accountant,,,i feel my mind really works to save and earn even a penny of interest,,,,
will my life be done working out interest! ??

I certainly dont need such moral downfalls!
I want to contribute towards society!

waqar<b></b><b></b>

what a misconception?

its such a long topic that it cant be discussed here. But please dont suffer the hands of morality.

Better read the threads on interest on this forum, its not such a straight forward dilema

As far as audit opinion is concerned as an auditor you are not required to swear on a company's morals.. business strength and financial information yes. Even with that a lot of work is put into before giving out an opinion, an auditor will know when and if he fibs on that. So the choice is very much yours.

Its like any other profession, one could be as unethical being a doctor or an engineer or a teacher for that matter, the important thing is to do justice with your wprk and profession.

"Allah does not change the state of people unless they change what is within themselves" Quran 1311

Without discounting moral, if we just focus on the responsibility aspect, I have been wondering since many years why the Management Letter and Internal Control Report is not addressed to the Shareholders. Issues specially reported in ML are serious enough (reason of being in ML) and must be available to the owners of the company.
It is another discussion if some might think that shareholders arent educated enough to arrive at proper conclusions and would raise unncessary hue and cry.