Open AccessLA REVISORÍA FISCAL Y SUS CONFLICTOS DE INDEPENDENCIA MORAL
Author(s) -
JORGE TOCANCIPA,
AUTHOR_ID,
ELKIN FARIETA
Publication year - 2021
Publication title -
pensamiento republicano/pensamiento republicano
Language(s) - English
Resource type - Journals
eISSN - 2500-7580
pISSN - 2145-4175
DOI - 10.21017/pen.repub.2021.n13.a76
Subject(s) - auditor independence , statutory law , audit , business , independence (probability theory) , external auditor , politics , undue influence , accounting , law , political science , joint audit , internal audit , statistics , mathematics
he Statutory Auditor allows to inspect the actions of the administrators of the organizations and give faith on their actions; The statutory auditor, as the person in charge of the audit, must audit the balance sheets in accordance with the provisions of the law, study the financial statements, evaluate the internal control system, certify whether the financial statements are presented in accordance with the provisions of the regulations. existing responsibilities, among other responsibilities, in order to give people confidence regarding the operation of the companies and audited bodies. The statutory auditor must exercise his functions in a conscientious and responsible manner, must be free of conflict of interest, not have subordination to the administrators, be free from prejudice or biases with the clients, since, by getting involved in the administration of the supervising body you will lose your independence; For this reason, the lack of this principle leads to fraud and corruption, either due to pressure, lack of academic training, political favors, lack of ethics and values, control and it is worth mentioning the conflicts that the fiscal auditor has between the interdependence of taking objective decisions and the origin of his professional fees, since he is paid by the same company that audits, the latter being one of the main reasons that influence the limitation of mental independence in the exercise of the audit.