Professional Documents
Culture Documents
Compliance with the requirement of Sec. 224, 224A & 225 of the Companies Act
To ensure that the outgoing is properly removed That the guidelines prescribed by the Institute have been complied with To ensure that the incoming auditor is properly appointed.
INDEPENDENCE
Threats of Independence
Self - Interest Threat Advocacy Threat Familiarity Threat Intimidation Threat Self Review Threat
Safeguards
Safeguards Created by the Profession, Legislation or Regulation Safeguards within the Assurance Client Safeguards within the Firm/s own Systems & Procedures
Objectives
Credibility Professionalism Quality of Services Confidence
Fundamental Principles
Integrity Objectivity Professional Competence and Due Care Confidentiality Professional Behavior Technical Standards.