Ethics and the Auditor. The government has set a cat among our profession. Large CA firms have decided not to take on suspect listed companies for Statutory Audit, one firm having publicly announced it’s intent not to conduct non-attest work for companies where they are Statutory Auditors. Are we accepting that we were blindly signing the Balance Sheet? Seems like! What about mid size and smaller firms like us? What about Internal Audit Assurances to the Boards? How come all frauds are reported by the Whistle Blower? Time to introspect! Time for mid sized and small firms to collaborate, bring together our strength and keep aside our egos! Time to bite a chunk off the quality work! Opportunity to showcase our competencies! Time to grow! audit accounting conduct competencies corporatelaw internalaudit whistleblower corporategovernance
