Question

how can an auditor support ethical practices

Answer 1

Auditor can abide by the ethics in their audit practice by following the four set of rules, they are:
1. Integrity: The auditor has to maintain integrity in the work that has been undertaken by him. It means that he has to be honest enough to discharge the work he has been assiged to and also abide to the laws and other governing acts under which is performing his audit.
2. Competent: By usage of right skill sets, knowledge and experience, the auditor must make sure he is competent enough for the responsibility undertaken by him. Also should be capable enough to discharge his responsibilities diligently.
3. Purpose: Every audit has got its own set of objectives and scopefor the auditor and it will be the responsibility of the auditor to segregate the work in such a way that these objectives are met. He has also make sure he discharges his audit work according to standards of audit.
4. Confidentiality:It will be the responsibility of the auditor to maintain utmost confidentiality of the information he comes across during the course of his audit. He can make disclosures of such information only after he takes proper consent from his client or if it is required under any law. Hence, he should never disclose any matter to any outsider at any cost.