Tuesday, October 2, 2012

Qualifications and Professional Standards of an Auditor


 

Auditor Qualifications

 

In order to become an auditor you must obtain your CPA by passing an exam.  In the State of Wisconsin you must have 150 semester hours of education usually equivalent to a master’s degree in order to sit for the exam.  Upon completion and passing the CPA exam the permit to practice will come from the state board of accounting. (Whittington & Pany, 2012)


 Professional Standards

 

Professional standards of an auditor are based upon the Principles of Professional Code of Conduct by the American Institute of Certified Public Accountants.  The code of conduct requires all CPAs to act responsibly, serve the public interest, perform all duties with highest integrity, maintain objective and independent in fact and appearance, should strive to improve competence and quality to the best of ability (due care) and observe the Principles of the Professional Code of Conduct when determining the scope and nature of any services to be performed. (Whittington & Pany, 2012)


Whittington, O. R., & Pany, K. (2012). Principles of Auditing & Other Assurance Services. McGraw Hill .

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