Assignment-
Select an auditing topic from the list provided below. You are expected to cite at least five (5) acceptable sources. If you are not dear what constitutes an acceptable source.
a. Expectation gap issues
b. Insurance for auditors
c. Similarities and differences between auditors' reports in Australia and a selected foreign country.
d. Environmental auditing
e. Fraud auditing
f. Forensic accounting and auditing
g. Auditing profession
h. Internal control and auditing
i. Auditors' role in corporate collapses (choose one corporate failure and examine auditor's position ti that context)
j. Auditing of corporate govemance
k. Issues relating to auditors' independence
I. The role of audit committees in auditing process
m. Operational audits
n. Ethics in auditing practice
o. Operational audits
p. Misstatement of financial statements
q. How widespread is creative accounting
r. Law suits against auditors
s. Auditing of not-for-profit organisations
You may consider the selected topic in the context of a country other than Australia.
Your assignment should answer the following questions:
1. Provide a brief overview of the nature of the auditing/ethical issue/s involved.
2. How does auditing promote common good?
3. Identify ethical issues and evaluate those issues from multiple ethical perspectives.