QUESTION 4-26 by siti aisyah https://padlet.com/ctaisyah0012/x76pj3j5s7y6yrf9 AUDIT 1 en-us 2022-03-27 15:02:53 UTC 2022-03-27 16:05:46 UTC hello@padlet.com ctaisyah0012 https://padlet.com/ctaisyah0012/x76pj3j5s7y6yrf9/wish/2115643903 2022-03-27 15:14:51 UTC https://padlet.com/ctaisyah0012/x76pj3j5s7y6yrf9/wish/2115643903 NurSyahieeraImman https://padlet.com/ctaisyah0012/x76pj3j5s7y6yrf9/wish/2115648825 Independence in mind
- the auditor may cause misstatement to enhance the personal wealth

Independence in appearance 
-client may perceive the auditor would permit misstatement to enhance the personal wealth 

Social consequences 
- minor, if any]]> 2022-03-27 15:21:11 UTC https://padlet.com/ctaisyah0012/x76pj3j5s7y6yrf9/wish/2115648825 NurSyahieeraImman https://padlet.com/ctaisyah0012/x76pj3j5s7y6yrf9/wish/2115650934 Independence in mind
- the auditor may audit the company carelessly since they did the bookkeeping 

Independence in appearance 
-the clients may perceive that the auditor is not independent in auditing their company

Social consequences 
- it will be a low cost since the bookkeeping has been done by the auditor ]]> 2022-03-27 15:23:42 UTC https://padlet.com/ctaisyah0012/x76pj3j5s7y6yrf9/wish/2115650934 NurSyahieeraImman https://padlet.com/ctaisyah0012/x76pj3j5s7y6yrf9/wish/2115651569 Independence in mind
-auditor will concerning the job or position of their spouse if there are errors has found 

Independence in appearance 
-the client will feel that the auditor is not willingly to disagree with management 

Social consequences 
- minor if  any. It is rarely and that individual engagement member could be replaced by other another member in the company]]> 2022-03-27 15:24:34 UTC https://padlet.com/ctaisyah0012/x76pj3j5s7y6yrf9/wish/2115651569 NurSyahieeraImman https://padlet.com/ctaisyah0012/x76pj3j5s7y6yrf9/wish/2115652051 Independence in mind 
- the auditors may complacent due to considerable familiarity with the clients

Independence in appearance 
-client may perceive the possibility of complacency 

Social consequences 
-it will be costly for the new audit firm to gain the knowledge because it is confidentially requirements and communication difficulties between CPA firms]]> 2022-03-27 15:25:13 UTC https://padlet.com/ctaisyah0012/x76pj3j5s7y6yrf9/wish/2115652051 ctaisyah0012 https://padlet.com/ctaisyah0012/x76pj3j5s7y6yrf9/wish/2115674956 Independent in mind 
- auditor unwilling to disagree with management because fear for termination 

Independent in appearance 
- The auditor unwilling and disagree to management 

Social consequence 
- Management is the best position to evaluate the effectiveness and cost of auditor 
]]> 2022-03-27 15:54:25 UTC https://padlet.com/ctaisyah0012/x76pj3j5s7y6yrf9/wish/2115674956 ctaisyah0012 https://padlet.com/ctaisyah0012/x76pj3j5s7y6yrf9/wish/2115680078 Independent in mind 
- auditor maybe have absence of the careful independent 

Independent in appearance 
- Client think the auditor not independent audit

Social consequence 
- Less expensive for auditor to done the work
]]> 2022-03-27 16:00:58 UTC https://padlet.com/ctaisyah0012/x76pj3j5s7y6yrf9/wish/2115680078 ctaisyah0012 https://padlet.com/ctaisyah0012/x76pj3j5s7y6yrf9/wish/2115684218 Independent in mind 
- auditor unwilling to criticize work that auditor do 

Independent in appearance 
- Client think the auditor not independent because do his or her work

Social consequence 
- 

]]> 2022-03-27 16:05:46 UTC https://padlet.com/ctaisyah0012/x76pj3j5s7y6yrf9/wish/2115684218