Audit and assurance standards recognize the vital importance of performing audit and assurance activities with proficiency, due professional care and objectivity. Cynthia Cooper, WorldCom whistleblower and internationally recognized expert on ethics and leadership in an interview (https://www.cfo.com/human-capital-careers/2008/02/worldcom-whistle-blower-cynthia-cooper/) on ethics stated, "I think we have to do our best not to forget what we've been through and hold tight to the positive changes in corporate governance that so many people have worked to achieve. Question A: If Management is pressuring an internal auditor to look the other way, explain how the internal audit and assurance professional standards can help in this situation. Question B: In the article, she states, "My feelings changed from curiousity to discomfort to suspicion based on some of the accounting entries my team and I had identified, and also on the odd reactions I was getting from some of the fiannce executives." Explain the elements of proficiency, due professional care and objectivity that were evident in her actions.
Question A: If Management is pressuring an internal auditor to look the other way, explain how the internal audit and assurance professional standards can help in this situation.
Question B: In the article, she states, "My feelings changed from curiousity to discomfort to suspicion based on some of the accounting entries my team and I had identified, and also on the odd reactions I was getting from some of the fiannce executives." Explain the elements of proficiency, due professional care and objectivity that were evident in her actions.
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