Modhi .’s Post

Ethics and Professionalism Domain II While internal auditors are responsible for their own conformance, the chief audit executive is expected to support and promote conformance with the principles and standards in the Ethics and Professionalism domain by providing opportunities for training and guidance. #AuditoríaInterna #ControlInterno #Auditoria #IIA #IMAI

Professional Ethics Series: Reasons for Declining an Audit Engagement: 1. Non-compliance with Sections 139 and 140 regarding the removal of the previous auditor and appointment of a new auditor. 2. Outstanding, undisputed audit fees from the previous auditor. 3. The previous auditor was removed due to issuing a qualified report. #ethics #icai #charteredaccountants #ca #castudents #wirc #eirc #nirc #sirc #nfra

The corporate world can be a high-risk and challenging environment that demands a proactive compliance approach. Being certified in this dynamic, changing profession can help mitigate compliance-related risks. Society of Corporate Compliance and Ethics (SCCE)- The Certified Compliance & Ethics Professional - International (CCEP-I) ® is someone with knowledge of relevant regulations and expertise in compliance processes sufficient to assist organizations in understanding and addressing legal obligations and promote organizational integrity through the operation of effective compliance programs. #HCCA #SCCE #compliance #scce #ethics #integrity #conflictofinterest #conflictmanagement #policymanagement #thirdpartyrisk #grc #ethicsandcompliance #risk #ThirdPartyRiskManagement #iia #internalauditors #internalaudit

Quality Control Policies 2. Ethical Requirements 🔸 Firm and its personnel - should comply with relevant ethical requirements - as per Code of Ethics of ICAI 🔸Fundamental principles of professional ethics - (Integrity Objectivity, Professional competence and due care, confidentiality and Professional Behaviour) 🔸Mechanism - 1. Engagement partners can provide information about client 2. Personnel can notify threats to independence 3. All breaches of Independence to be promptly notified for appropriate action 🔸 Annual written confirmation of compliance with policies and procedures related to Independence Follow Sayli Chinchole for more! Repost 🔁 if you found my post valuable! #ca #ethics #reporting #auditing #auditteam #partner

US CPA - AUD Topics disclosed Topic 1: Ethics, Professional Responsibilities, and General Principles The sub topics you will learn are: 1. Ethics, independence and professional responsibilities 2. Professional skepticism and professional judgment 3. Nature and scope 4. Terms of engagement 5. Requirements for engagement documentation 6. Communication with management and those charged with governance 7. Audit and assurance quality PS. Don't be like "AAAAAH!" Because PrepQ is here! #USCPA #Cpa #audit #exam #PrepQ

A big thank you to all participants who have attended the 2-day training sessions, "Compliance Officers Essentials: A Comprehensive Guide" conducted by Ashia Wahedally, ACCA, MIPA.   Learn more about our upcoming courses here: https://lnkd.in/dm47NNEU #Temple #Compliance #Training #ProfessionalDevelopment #Regulatory #CareerGrowth #ComplianceOfficer

Hi #linkedinconnections. I'm glad to be back on LinkedIn after taking a short break. I'm happy to announce that I've completed IMA | Institute of Management Accountants self-study programme of Ethics Series : Devastating Fraud. The ethics series programme enables an individual to develop an ethical behaviour and strive to perform in an ethically sound manner. The case study given in this programme signified the severity of weak internal control framework in an organization. In this course, I learnt: 1. How to apply COSO framework with the view to deter fraudulent practices 2. Importance of an effective internal control systems & the repercussions of not having such frameworks, which'd in turn creates an opportunity to commit fraudulent practices. 3. Recognize the relationship between proper governance and unethical acts 4. Determine appropriate steps in resolving various ethical issues

I’m glad to share that I have passed the exam for the GRC Professional Certification (GRCP), internationally accredited by the International Compliance & Ethics Group (OCEG). This certification is a significant addition to my skill set 🙏 #Governance #RiskManagement #Compliance #GRCP #OCEG #ProfessionalDevelopment #Excellence

🔍 Exploring Global Internal Audit Requirements: Ethics and Professionalism Domain II: Ethics and Professionalism. 🔑 Principles and Standards: The Ethics and Professionalism domain of the Global Internal Audit Standards sets forth the behavioral expectations for professional internal auditors, including chief audit executives and other individuals providing internal audit services. 🌟 Key Elements: Instilling Trust: Conformance with these principles and standards instills trust in the profession of internal auditing, fostering an ethical culture within the internal audit function. Reliance on Work and Judgment: Adherence to ethical standards provides the basis for reliance on internal auditors' work and judgment, enhancing the credibility of their findings and recommendations. Universal Conformance: All internal auditors must conform to the standards of ethics and professionalism, even if other codes of conduct exist within their organization. Responsibility and Accountability: While internal auditors are responsible for their own conformance, the chief audit executive plays a pivotal role in supporting and promoting adherence to these standards. 🛡️ Maintaining Integrity: It's essential to uphold the integrity of the internal audit function by ensuring compliance with ethical principles and standards. 📚 Further Learning: Dive deeper into the principles and standards outlined in the Ethics and Professionalism domain to reinforce your understanding of ethical conduct in internal auditing. #InternalAuditExcellence #AuditBestPractices #GlobalAuditStandards #AuditProfessionals #InternalControlFrameworks #AuditInsights #AuditEthics #AuditEducation #QualityAssuranceAudit #AuditProficiency https://https://lnkd.in/grVEaZTm

Both Certified Public Accountants (CPAs) and Enrolled Agents (EAs) are required to complete continuing education (CE) credits to maintain their professional licenses, including specific courses in ethics. Ethics education ensures these professionals adhere to high standards of integrity and professionalism when serving clients and the public. For CPAs, state boards of accountancy typically mandate ethics CE as part of their total required hours, often ranging from 2 to 4 hours every renewal period. Enrolled Agents, regulated by the IRS, must complete a minimum of 2 hours in ethics annually as part of their 72 total CE hours over three years. Ethics CE courses cover topics like conflicts of interest, confidentiality, and best practices for maintaining trust and integrity in professional practice. By fulfilling these requirements, CPAs and EAs demonstrate their commitment to upholding ethical standards while staying informed on evolving regulations that impact their responsibilities. Remember to check the specific ethics requirements for your license jurisdiction or governing body, as they can vary. #CPA #EnrolledAgent #EthicsEducation #ContinuingEducation #ProfessionalEthics #IRSRegulations #TaxProfessionals #AccountantLife #EAtip