Ethics in Audit
This short course sets out the ethical position for accountants undertaking audit or review work and due diligence assignments. It explores the Revised Ethical Standard issued by the Financial Reporting Council in January 2024 and considers practical actions you can take to ensure compliance.
Ethics in Audit
This course will enable you to
About the course
Audit firms should be regarded as a vital part of the financial system, ensuring the truth and fairness of published financial information which is relied on by so many stakeholders when making financial decisions. However, in recent years the FRC has been forced to hand out increasingly large fines and sanctions for the most egregious breaches of the ethical rules within auditing.
Some practices are bringing the profession into disrepute, but this module will help you to take some positive and practical action to avoid being one of those firms. It explores the Revised Ethical Standard issued by the Financial Reporting Council in January 2024 and considers practical actions you can take to ensure compliance.
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Contents
How it works
Author
John Taylor
John is a Chartered Accountant who has spent many years advising small and medium-sized businesses across the North of England. John is the author of two industry standard textbooks: Millichamp - Auditing and Forensic Accounting. He has also written several auditing textbooks for AAT courses.
