What are International Ethical Standards?

Q: What are Institutional Review Boards and how do they work

A: INSTITUTION REVIEW BOARDS: It is also known as an "Independent ethics committee, ethical review…

Q: Why is the concept of independence such an internal part of AICPA Code?

A: AICPA is American Institute of Certified Public Accountants, which is the leading organisation and…

Q: What are the objectives and scope of all the standards of IFRS and IAS?

A: IFRS or International Financial Reporting Standards are the guidelines of accounting given by the…

Q: What are the threats to independence?

A: Given below are the seven threats to auditor’s independence:   Self-review threat: It occurs when…

Q: Can an international firm have one set of absolute ethics standards that must be followed at all…

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Q: Which is the primary source of SEC independence rules?

A: The primary source of SEC independence rules is Rule 2-01   Rule 3526 deals with the communication…

Q: Has IASB successfully spread its standards around the world ?

A: IASB is the acronym of the International Accounting Standard Board. This board has been set up on…

Q: Which of the following is covered under diversity management?

A: Diversity management: Diversity management is said to be the act of an organization that purposes to…

Q: What exactly are Institutional Review Boards (IRBs)?

A: This question explains about Institutional Review Boards (IRBs):

Q: Why should regulatory regimes be ‘proportionate’ and ‘real-time’? What are the fundamental building…

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Q: what is the Social-ethic audit?

A: The social work ethics audit is a method for social workers to evaluate ethical questions in a…

Q: What are the IFRS and IAS standards trying to accomplish, and how broad is their scope?

A: In the era of globalization, businesses around the world work together. Investors have more…

Q: definition of political risk and how mitigate it?

A: Political risk are risk arising due to political parties of countries with change in government…

Q: What are threats and safeguards to independence?

A: American Institute of Certified Public Accountants (AICPA):   It is an association of certified…

Q: What is the conclusion of accountability and transparency in terms of policing?

A: Accountability  in terms of policing.  Police accountability ensures that officers can work together…

Q: How are IFRS and the codification related? Do you feel that IFRS adoption could happen without…

A: The question is related to International Financial Reporting Standards (IFRS) and Codification. The…

Q: Which groups are covered under the three sections of the International Ethical Standards?

A: IES are the standards which are issued by the Internation Ethics Standard Board For Accountants…

Q: What are the Safeguards to independence?

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Q: What is the implication of AMLA in the international business?

A: The Anti-Money Laundering Act or the AMLA is a regulatory act that is implemented by the authorities…

Q: Why was the Sarbanes-Oxley Act developed and enacted?

A: Introduction:- The Sarbanes–Oxley Act of 2002 is a federal law in the United States that sets…

Q: What forms of protection and regulation do regulators of FI's impose to ensure their safety and…

A: The financial institutions should regulate the economy in an efficient manner. The financial…

Q: What are the risks from subversive threats?

A: Taking illegal access over a firm internal system network by doing activity of surpassing the…

Q: What are the requirements for all accountants under the International Ethical Standards?

A: International Ethical Standards are standards set by International ethics standard board of…

Q: What are the key points of the ‘‘Issuer and Management Disclosure’’ of the Sarbanes-Oxley Act?

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Q: Why is a policy statement important?

A: A policy statement or an investment policy statement is a document created by the investment…

Q: Should standards be used to identify who to blame for problems?

A: Standards are set to identify whether the actual activity is performed efficiently. The variances…

Q: ethical standards,

A: Business Ethics defines a framework for responsible conduct for any organization. It can be used as…

Q: Name and describe the major ethical and legal issues that have developed in response to the…

A: The prevalence of cyber theft and online crimes has imposed certain providential norms and adherence…

Q: What is a whistleblower?

A: A whistleblower anybody who has insider info of the criminal behavior taking place in an…

Q: Why is sanctions compliance important?

A: Financial institutions are the institutions or organizations which act as the intermediaries of the…

Q: Why is independence the main conduct the most important in the GAAS

A: Generally Accepted Auditing Standards (GAAS) are a set of detailed instructions that auditors follow…

Q: How governance can be used in the International Governance? Give appropriate examples.

A: Governance seems to be the system of laws, conventions, regulations, and agencies that establish and…

Q: In what ways does the IASB differ from the IASC?

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Q: What are the overall IFRS and IAS standards' aims and scope?

A: This question tells about the overall IFRS and IAS standards' aims and scope:

Q: What are the responsibilities of the PCAOB?

A: Introduction : The public company accounting oversight board is known as PCAOB. To monitor the…