To stall the rot in the public sector in Ghana, more value must be  placed on the work of the internal auditors, than on the assurance  works of external auditors including the Audit Service of Ghana’. Do  you agree with this assertion? Support your answer with relevant  considerations with the legal framework that governs the public sector  accountability.

(a) An International Code of Ethics for professional Accountant was developed by International Federation of Accountants (IFAC) with the sole aim of promoting consistency and a foundation for countries to develop their own code. Explain the five fundamental principles which members must comply with as set out by the ACCA's Code of Ethics and Conduct? (b) Critically evaluate the influence of Internal audit function on good corporate governance in a commercial environment. (a) Discuss the importance and extent to which analytical review can be relied on in supporting an audit opinion.

Instructions: The audit profession is considered one of the important professions for society due to the number of users of financial statements who rely on it in making their economic decisions. The auditor of this data must obtain the confidence of the users of this data. Therefore, professional bodies have been formed to organize the work of the auditors, qualify them, and set their performance standards to achieve this confidence. Required: Talk about the international, American and Saudi professional bodies and their respective tasks and the standards they issue

1. Please explain main points of Docket 046: Quality Control (PCAOB). 2. What is/was the major focus of that standard - setting project concerning standard - setting activity? 3. Why does the subject matter to accountants and auditors in the future? 4. What was the result or conclusion reached (if the standard has been issued already), or what seems to be the main direction of the standard - setting project as of the date you reviewed it? 5. How might practitioners apply the article's recommendations or strategies in the real world of the auditing profession?