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(ii) If a partner, who is an actuary, provides valuation services to an audit client, can

时间:2021-04-25 19:44:07 解答: 539 次

(ii) If a partner, who is an actuary, provides valuation services to an audit client, can we continue with the audit?

(3 marks)

Required:

For each of the three questions, explain the threats to objectivity that may arise and the safeguards that

should be available to manage them to an acceptable level.

NOTE: The mark allocation is shown against each of the three questions above.

正确答案:

(ii) Actuarial services to an audit clientIFAC’s ‘Code of Ethics for Professional Accountants’ does not deal specifically with actuarial valuation services but withvaluation services in general.A valuation comprises:■ making assumptions about the future;■

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