An auditor has been offered a gift of golf clubs as a token of appreciation by a manager in the firm being audited.Which of the following principles in the APESB Code of Conduct would be most relevant in deciding whether to accept the gift?

Question

Quizplus · Accepted Answer

The principle of objectivity requires that an auditor maintains an unbiased attitude throughout the audit, and must not allow any personal interest or external influence to affect their judgment. Accepting a gift from a client may affect the auditor's objectivity and create a conflict of interest, as the audit may be seen as compromised. Therefore, the most relevant principle in deciding whether to accept the gift would be objectivity.

An Auditor Has Been Offered a Gift of Golf Clubs