AN ASSESSMENT OF PROFESSIONAL ETHICS AND INDEPENDENCE IN PUBLIC ACCOUNTING ENGAGEMENTS
The objectives of this study are to: 1) Assess the current state of professional ethics and independence among public accountants, 2) Identify factors influencing ethical behavior and independence, and 3) Propose measures to strengthen ethical standards in public accounting engagements. The research design is a survey, justified for its capacity to collect detailed quantitative data from a wide range of public accounting professionals. The sample size, calculated using Taro Yamane’s formula, is 340, ensuring a 95% confidence level and a 5% margin of error. Lagos is chosen as the case study due to its diverse professional accounting community. The reliability coefficient score of the survey is 0.89, indicating high consistency. Findings reveal that while professional ethics and independence are generally upheld, factors such as pressure from clients and organizational culture can compromise these standards. The study recommends that accounting firms strengthen their ethics training programs, enforce strict independence policies, and establish robust whistleblowing mechanisms to maintain high ethical standards in public accounting engagements.
ABSTRACT
Waste has been identified as a huge environmental and health problem that if left unchallenged can hinder healt...
Background of the Study
In the world over, education has become an essential commodity that determines...
ABSTRACT
This study came to investigate the impact of Total Quality management (TQM) practices and strategies on organiz...
BACKGROUND OF THE STUDY
However, the construction industry is often regarded as one of the most hazardo...
ABSTRACT
This study evaluated the influence of Nigerian bond market on the Nigerian economy, using data covering the period of 30 years r...
Abstract: This research examines the professional development needs of early childhood educators (ECE) in Ni...
Abstract
Accounting reporting is necessary to understand financial situation of the firm and used as the basis of decis...
INTRODUCTION
Infectious diseases transmitted via hand contact have been a global health challenge. Gram positive and negative bacteria mo...
ABSTRACT Medicinal plants contain active ingredients with therapeutic values. Helianthus annuus L (Asteraceae) commonly referred to as “sunfl...
Indecent appearance has come to characterize the dress pattern of many students on campuses of higher learning in Nigeria, there is hardly any high...