Professional Accountants in Public Practice

All professional accountants should comply with the ISCA Code of Professional Conduct and Ethics (ISCA Code).

The following case studies provide you illustrative situations or dilemmas faced by professional accountants in public practice with practical application, guidance and references to the ISCA Code.

Case Study  Title
Case Study 1 Threats and Safeguards - Self Review Threat
Case Study 2 Client Acceptance and Professional Clearance
Case Study 3 What Impact Does a Company's Non-Payment of Taxes have on the Audit?
Case Study 4 Is the Client Telling the Full Story - Going Concern Considerations
Case Study 5 Qualification of Audit Opinion
Case Study 6 Potential Conflict Between Contingent Fee and Professional Judgement
Case Study 7 Can Bids for Assets Sold by Companies Undergoing Liquidation be Disclosed to Other Prospective Buyers Before Bidding Closes?
Case Study 8 Can Time Costs for Audit Engagements be Transferred Across Different Clients?