audit working papers meaning

Meta-ethics is concerned with the theoretical meaning of morality and ethical principles ie. In Polycentric Approach the nationals of the host country are recruited at the managerial positions to carry out the operations of the subsidiary company.

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Determining the moral course of action and includes the criteria for what is right or wrong good or bad kind or evil etc.

. What we understand when we talk about what is right or wrong. The rationale behind this approach is that the locals of the host country know their culture better and can run the business more efficiently as compared to their foreign counterparts. 1 When the auditor is performing an integrated audit of financial statements and internal control over financial reporting the requirements in AS 2201 An Audit of Internal Control Over Financial Reporting That Is Integrated with An Audit of Financial Statements also apply.

Normative ethics deals with the content of moral judgments ie. Footnotes AS 1101 - Audit Risk. However the risks of material misstatement of the financial.

Audit Working Papers