IESBA CODE OF ETHICS

black and white people bar men

Audit and assurance revision question (NBAA, B3, NOV 2018)

(a)  Explain why is it important that an auditor should send a letter of engagement prior to undertaking an audit work.

(b)  Briefly describe the main contents of a letter of engagement.

(c)   Publicity  by  individual  professional  accountants  in  public  practice  in  non- advertising environment is  acceptable  under certain conditions as  provided for under the IFAC’s International Ethics Standards Board … Read the rest

pexels photo 889096

Revision question on code of ethics NBAA May 2019.

Dibal Associate, an audit and assurance firm, has been engaged as auditors for the M & B Bank Ltd, a public limited liability Company for some time now. M & B Bank has sixty branches throughout the country including branches in Dodoma, Mwanza, Tanga and Zanzibar. The Bank is one of the banks in the country which can boast of … Read the rest