Integrity, Objective and Independence (1)

Question 1

What professional accountants who provide assurance services required to be?

Answer 1

Independent of the assurance client

Question 2

What aspects does independence have?

Answer 2

Independence of mind
Independence in appearance

Question 3

What does must of the guidance in relation to ethical guidance applies to?

Answer 3

All company audits

Question 4

Where are there some additional requirements?

Answer 4

Relating purely to public interest entities

Question 5

How are public interest entities defined as? (Listed)

Answer 5

All listed entities

Question 6

How are public interest entities defined as? (Significant)

Answer 6

Entities that are of significant public interest because of their business, size, or number of employees

Question 7

Examples of public itnerest entities?

Answer 7

Banks, insurance companies and pension firms