
Auditor:
An auditor is one who checks the books of accounts of the company and gives remark on it. By his professional qualification he provides service to the society. An auditor may be internal auditor or external auditor of the company. An auditor may be a person or firm appointed by the company to perform audit.
Ethics: Ethics are the moral value that a person has to follow in society. Ethics are the principles that provide the knowledge of what is right, and what is wrong. Ethics definition is not same to every person. An activity is right to one person but wrong in the eyes of other. Ethics depend on the human behavior and habits of the individual.
To identify: Ethics rules affecting auditor‘s choice of client.

Want to see the full answer?
Check out a sample textbook solution
Chapter 1 Solutions
Loose-Leaf for Financial and Managerial Accounting
- I need help solving this general accounting question with the proper methodology.arrow_forwardCan you solve this general accounting problem using appropriate accounting principles?arrow_forwardPlease provide the correct answer to this general accounting problem using valid calculations.arrow_forward
- Stockholders' equity at the end of the year was ____.arrow_forwardI need the correct answer to this general accounting problem using the standard accounting approach.arrow_forwardThe installation of a ______ system will create confidence in the minds of public about the fairness of the prices charged. a. Costing b. Financial accounting c. Management accounting d. Informationarrow_forward
- AccountingAccountingISBN:9781337272094Author:WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.Publisher:Cengage Learning,Accounting Information SystemsAccountingISBN:9781337619202Author:Hall, James A.Publisher:Cengage Learning,
- Horngren's Cost Accounting: A Managerial Emphasis...AccountingISBN:9780134475585Author:Srikant M. Datar, Madhav V. RajanPublisher:PEARSONIntermediate AccountingAccountingISBN:9781259722660Author:J. David Spiceland, Mark W. Nelson, Wayne M ThomasPublisher:McGraw-Hill EducationFinancial and Managerial AccountingAccountingISBN:9781259726705Author:John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting PrinciplesPublisher:McGraw-Hill Education





