08-03-2004, 03:49 PM
Hi there, I just want your opinion on a few questions I have
1) How would finding loopholes be potentially valued by the management of a company?
2) Explain how auditors could be participants in aggresively seeking loopholes when the auditing standards and GAAP require the pursuit of truth and fairness in financial statement presentation?
3) Explain how truth and fairness in financial reporting is related to the concept of professionalism?
Thanks in advance
Dj
1) How would finding loopholes be potentially valued by the management of a company?
2) Explain how auditors could be participants in aggresively seeking loopholes when the auditing standards and GAAP require the pursuit of truth and fairness in financial statement presentation?
3) Explain how truth and fairness in financial reporting is related to the concept of professionalism?
Thanks in advance
Dj
