auditor ethics
[/ɔːˈdɪtər ˈɛθɪks/]
noun
ética do auditor
1. The principles and standards of professional conduct that govern auditors' behavior, including independence, integrity, confidentiality, and competence in performing audit functions
Auditor ethics requires maintaining independence from the client to ensure objective financial reporting.
A ética do auditor exige manter independência do cliente para garantir relatórios financeiros objetivos.
2. A set of moral rules and guidelines that auditors must follow to maintain professional credibility and public trust
The firm's auditor ethics policy prohibits conflicts of interest and mandates disclosure of any potential biases.
A política de ética do auditor da empresa proíbe conflitos de interesse e exige a divulgação de qualquer viés potencial.
3. The framework of professional responsibilities established by regulatory bodies and accounting associations for audit practitioners
Auditor ethics are enforced through codes of conduct established by the AICPA and similar organizations worldwide.
A ética do auditor é aplicada através de códigos de conduta estabelecidos pela AICPA e organizações similares mundialmente.
In Brazil, auditor ethics are regulated by CFC (Conselho Federal de Contabilidade) and must comply with IFAC (International Federation of Accountants) standards. In the USA, the AICPA establishes comprehensive ethical guidelines. These standards are fundamental to public trust in financial reporting and are especially emphasized following major audit failures like Enron. Violations can result in loss of licensing, legal penalties, and professional sanctions.
Look up more words on Fala2Me
The free English-Portuguese dictionary with real Brazilian accents, NYC slang, conjugator and more
Open Fala2Me →