Chapter 14 & 15: Controllers, Auditors and Ethics Flashcards

1
Q

Designs and operates the control and information systems. Ex: control measure

A

Controller

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2
Q
  1. Financial audits
  2. Compliance audits
  3. Performance audits
A

Auditor

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3
Q

Provide a useful guide for defining how employers and employees should behave

A

Ethics

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4
Q
  1. Make ethical behaviour explicit as part of a personnel/cultural control mechanism
  2. Include virtues such as: integrity, loyalty, objectivity, confidentiality, competence
A

Codes of Conduct

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5
Q

Actions taken to make performance look better in the short-run than it otherwise would.

A

Earnings Management

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6
Q
  1. Choices of accounting policies
  2. Accounting judgements
  3. Timing of sales, expenses, etc.
A

Forms of Earnings Management

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