审计英语课件第3章.ppt

Chapter 3 Professional Ethics and Legal Liability 3.1 Professional Ethics 3.2 Legal Liabilities Learning Objectives After studying this chapter, you should be able to 1. Understand the meaning of five fundamental principles in the code of professional conduct. 2. Distinguish between independence in fact and independence in appearance. 3. Comprehend the factors that influence auditor independence. 4. Learn the definition of contingent fees. 5. Understand several important professional words, such as business failure, audit failure and audit risk. 3.1 Professional Ethics 3.1.1 Special