Chapter 14 & 15: Controllers, Auditors and Ethics Flashcards
1
Q
Designs and operates the control and information systems. Ex: control measure
A
Controller
2
Q
- Financial audits
- Compliance audits
- Performance audits
A
Auditor
3
Q
Provide a useful guide for defining how employers and employees should behave
A
Ethics
4
Q
- Make ethical behaviour explicit as part of a personnel/cultural control mechanism
- Include virtues such as: integrity, loyalty, objectivity, confidentiality, competence
A
Codes of Conduct
5
Q
Actions taken to make performance look better in the short-run than it otherwise would.
A
Earnings Management
6
Q
- Choices of accounting policies
- Accounting judgements
- Timing of sales, expenses, etc.
A
Forms of Earnings Management