Ethics and Auditing: An International Perspective

Abstract

The study examined the effect of ethics on audit. The reasons for investigating the state of a company’s ethics are numerous and different. They include external societal pressures, risk management, stakeholder obligations, and identifying a baseline to measure future improvements. In some cases, a gross failure in ethics drives companies to it, which may have resulted in costly legal action or stricter government regulation. More often, however, businesses choose to do so simply because it is right, significant, and because it is likely to bring benefits for business. Ethics plays an important role in improving auditor’s proficiency however self-ethics are what organization and professionals should aim for.