Which of the Following Best Describes an Ethics Audit

An ethics audit is a _____. Systematic comparison of employee performance with the organizations ethical standards.


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Kathy your best friend and class mate asks you to help her with a challenging ethical predicament.

. Which of the following best describes ethics. Systematic comparison of an organizations ethics program andor performance with the Federal Sentencing Guidelines for Organizations. Economic legal ethical and philanthropic responsibilities expected by stakeholders.

Considering the available alternatives. School University of Phoenix. On June 1 2000 a CPA obtained a 100000 personal loan from a financial institution client for whom the CPA provided compilation services The loan was fully secured and considered material to the CPA s net worth.

The more descriptive. The Attribute Standards describe how the auditor should conduct the assurance engagement including consideration of risk. Ethics and social responsibility are basically the same thing b.

An academic discipline which originated in the early 1900s b. The CPA paid the loan in full on December 31 2000. Systematic comparison of an organizations ethics program andor performance with the Federal Sentencing Guidelines for Organizations.

Systematic evaluation of an orgs ethics programme and ethical performance. But instead of looking at your companys financial records to see if everything is in order an ethics audit looks at other aspects of your companys operations to see if everything is in compliance with company policy and state and federal laws. The Attribute Standards describe the qualities that the internal audit function and the internal auditor should possess.

A Financial BOrganizational C operational D compliance. Which of the following best describes the Attribute Standards. Systematic evaluation of an organizations ethics program andor performance to determine its effectiveness.

Ethics and social responsibility. Ethics considers an individuals choices while social responsibility takes a more big picture view c. The study of how human beings should properly live their lives d.

Course Title ACC 491 ACC 491. An evaluation of the refinerys controls over oil pressure levels. Identify the step in which moral imagination is critical.

Financial Statements Internal ControlA. 21 Tolerable misstatement is often set at a n ________ level for notes payable. In an ethical decision-making process moral imagination helps individuals make ethically responsible decisions.

The internal auditors inspection reports of the level of oil reserves. On April 3 2001 the client asked the CPA to audit the client s financial statements for the year ended. A memo on a discussion with the CFO regarding a suspected kiting scheme.

Hence option C is correct. Start with a detailed foundation. A descriptive approach such as psychology and sociology.

This preview shows page 2 - 5 out of 6 pages. Ethics considers profit as a factor in decision making d. The basic idea behind an ethics audit is that it is like a financial audit.

Different from social audit which considers wider issues eg. Systems put in place to support ethical behavior help to build an ethical culture Ethical internal audit function counteracts unethical CEO behavior Unethical leaders can corrupt the ethical culture draw others in and ruin a company. A low B high C unknown D moderate.

The response of the clients legal counsel to pending workers compensation claims. Operational auditing is defined as the assessment of the effectiveness and efficiency of an entity in meeting organizational goals. Systematic comparison of employee performance with the organizations ethical standards.

An integrated audit performed under the Sarbanes-Oxley Act requires that auditorsreport on. An ethics audit is a. A descriptive approach that provides an account of how and why people do act the way they do c.

Which of the following statements best describes the ethical conclusions of the HealthSouth fraud. 20 Which of the following best describes an audit that emphasizes how efficiently and effectively functions interact. Grow Food Grow Peace.

An ethics audit is a comparison between actual employee behavior and the guidance for employee behavior provided in policies and procedures. Pages 6 Ratings 98 46 45 out of 46 people found this document helpful. Which of the following best describes the reason why.


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