The Role of External Auditing in Public Sector Governance. a Case of Zimbabwe

The audit profession is a relative new comer to the accounting world. The Industrial Revolution, with the growing business sector, was the spark that resulted in auditing techniques being sought out and utilized. Initially, audit techniques and methods were adopted by companies to control costs and detect fraud, which is more closely aligned with internal auditing. However, the need for mandatory oversight of public companies was recognized after the great stock market crash of 1929 (Byrnes, et al., 2012). This brought about the Securities and Exchange Act of 1934 creating the Securities and Exchange Commission (SEC). At that point, the SEC was tasked with

Firstly, I want to thank the Marine Corps Scholarship Foundation donors for awarding me with a scholarship. It has truly been a blessing upon my family and me. Also, I would like to give thanks to God because without him none of this is possible. Again, I would like to thank you so much for the donation into my education, it has been a huge help in keeping me where I truly love being, which is High Point University.

First I want to say thank you so much for being a part of making this trip possible whether by prayer or financial support!

Due to the increasing and distorted use of ZHC in private and public sectors, the Green Party has called for the banning of this practice. Bennet (2013), reported that these kinds of contracts put the employees in a delicate and unclear situation in respect of the incomes to be earned each week and at the mercy of managers´ desires.

First off I wanted to say thank you for your continued support during this journey against MCAD. It truly means a lot having the support. Your two, are a part of what make my bad days better, and my good days even better. If its not Greta giving me her cute little smile, or one of her Greta hugs, or Otto running into my room screaming every morning and smiling then running back out back, I don’t even know what I would. All the daycare kids helping my mom bring me things, helping me, and simply making my days better, I could not have asked for a better crew.

I appreciate your support and understanding, and I wish you all the very best. Please let me know if I can be of any assistance

I would like to say a few words to you, not sufficient enough to express my great appreciation to you. I appreciate you very much, and I thank you from the bottom of my heart for what you are giving. It is not to be taken for granted, and it is to be admired. I believe that everything we do in life returns to us, so I wish you that all this kindness will return to your lives.

To my family and friends. Without your help and understanding this would not have been possible.

Thank you very much for the generous financial aid package you awarded me; my family and I greatly appreciate all the help you are giving us to allow me to be able to attend St Joseph's University.

It highlights the importance of auditors applying sensitive and ethical judgments in all their engagements. Members have the responsibility to collaborate with each other to improve the art of accounting, as well as to maintain the public’s confidence. The auditor’s responsibilities are essential to an effective audit process because through planning, auditors should to communicate with each other, be very organized and discuss what and how to do things in order to serve the public. One of the most important parts in auditing is planning, for that reason responsibility is a must.

Last but not least, the biggest thank you is to my family for supporting me every step of the way throughout

Abstract: On October 11, 2011, the Public Company Accounting Oversight Board (PCAOB) proposed a new rule. The rule is meant to name the engagement partner and other key participants who play a role in preparing audit reports. PCAOB believes that new rule would help to get more information and would be useful to investors, creditors and other financial statements users. After six years of debate over the intended and unintended consequences the PCAOB concluded and issued the rule on December 15, 2015.The objective of my research was to reflect my expectations for the consequences, both intended and unintended of the Public Company Accounting Oversight Board of the new rule. The PCAOB’s final article “Improving the transparency of audits: Rules to require disclosure of certain audit participates on a new PCAOB form and related amendments to auditing standards” release No. 2015-008 issued on December 15, 2015 was very crucial for my research because it gives first hand perspective of the new rule.

I take this opportunity to express my sincere thanks and deep gratitude to all those people who extended their whole hearted co-operation and have helped me in completing this project successfully.

Lastly, a very particular thank you is expressed to my mum for her love, support as well as

The aim of this essay is to study the function of external auditors in order to analyze why it is important to be independent. The primary mission of external auditors is to review and evaluate all the financial records of a company or corporation. They provide an objective opinion on the organization’s financial statement and effectiveness of the accounting polices in order to help management to make decisions. If the independence of the external auditors is impaired, the public will doubt the quality of professional auditing services, and the consequence would be very serious, just like the bankruptcy of Enron led to the disorganization of Arthur Andersen, once a giant accounting company in the world. In order to maintain and increase