Ethics Article Review

IntroductionThis paper will review the denomination Through the ethical motive Looking Glass: An other View of the World of Auditors and Ethics. This article was precedented by Roger D. Martin and appeared in the Journal of Business Ethics in January 2007. As the title implies, this article deals with the ethical regards faced by the audit profession.

Article SummaryThe first part of the article disputees the demand that auditors must be ?looking within? the organization. In other words the auditors must be independent (outside, looking in) of the soused being audited. This does not refers to the obvious problem of being utilize by the firm being audited but rather the run afoul of interest issues that have arisen in the past. The author mentions the practice of hiring auditors for positions in the accounting and finance departments after the audit is completed. Other probable conflicts came about because of lucrative non-audit business between firms. As Martin (2007) states, ?the Sarbanes-Oxley shape of 2002 addressed several of these potential sources of conflict.?The article goes on to discuss the auditor?s role in taxing client ethics. The author identifies ?three sources of the demand within the auditing process for auditors to understand and assess the integrity and ethical values of audit clients ? audit planning, consideration of fraud, and reporting on internal tames.? (Martin)Audit planning highlights the ?tasks, checks, and balances? in set out within the organization. The core component of this is the ?control environment? or the pile within the organization.



?Without a strong and healthy control environment, the other components of internal control hardly matter because no amount of control over physical or treat activities can be expected to function well if the people devising and operating the controls are not likely to render high integrity and ethical values.? (Martin)Auditors need to look at the...

Able to understand what the original article would have been about. Seems to have include all the main points from the original article which are burning(prenominal) when summarizing.

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