This assignment is to be completed in groups of three and comprises twenty per-cent of the marks for this course. There are three questions. (Approx. 2000 words in total)Assessment Criteria:Student work will generally be assessed in terms of the following criteria:
- Effectiveness of communication – i.e. readability, legibility, grammar, spelling, neatness, completeness and presentation will be a minimum threshold requirement for all written work submitted for assessment. Work that is illegible or incomprehensible and does not meet the minimum requirement will be awarded a fail grade.
- Demonstrated understanding – This will be evidenced by the student’s ability to be dialectical in the discussion of contentious issues.
- Evidence of research – This will be evidenced by the references made to the statutes, auditing standards, books, journal articles and inclusion of a bibliography.
- All written work must conform with the Federation University General Guide for the Presentation of Academic Work.
- For all written work students must ensure that they submit their own original work. Any act of plagiarism will be severely penalised.
Plagiarism is presenting someone else work as your own and is a serious offence with serious consequences. As set out in the University Regulation 6.1.1, students who are caught plagiarising will, for a first offence, be given a zero mark for that task. A second offence will result in a failing grade for the course(s) involved and any subsequent offence will be referred to the Student Discipline Committee. Student must be aware of the University Regulation 6.1.1 Student Plagiarism.Students must:
- fully reference the source(s) of all material, even if you have re-expressed the ideas, facts or descriptions;
- acknowledge all direct quotations; and
- not submit work that has been researched and written by another person.
Question 1. (7 marks)A Whigarian view of history is often said to encapsulate an inevitable onward and upward process of continual progress where later was always better than earlier and was accompanied by a Panglossian optimism in the belief of human reason to forge a better society where things get better and better through the course of time.Whig historiography is an approach that presents the past as an inevitable progression towards ever more enlightenment. The term often focuses on the successful chain of theories and experiments that led to present-day science, while ignoring failed theories and dead endsDiscuss in terms of the development of both accounting and auditing.Question 2. (7 marks)Moral seduction theory posits that people can become morally compromised over time, a process facilitated by unconscious thought processes. Professionals, for instance, tend to be confident and to view themselves as ethical people in control of their lives. Eventually this behaviour could become the ‘the new normal’ for people, am adjustment to their definition of what is ethical. These cognitive distortions help justify questionable behaviour and reconcile it with their self-image as an ethical person.Boweman, J., & West. J., (2013), Ethics in Public Management, Fredrickson, H & Ghere, K. editors, 2ed, Routledge:London, p.166.Refer to: Academy of Management Review, 2006, Vol. 31, No. 1, 10–29.CONFLICTS OF INTEREST AND THE CASE OF AUDITOR INDEPENDENCE: MORAL SEDUCTION AND STRATEGIC ISSUE CYCLINGDON A. MOORE: Carnegie Mellon UniversityPHILIP E. TETLOCK: University of California, BerkeleyLLOYD TANLU: Harvard UniversityMAX H. BAZERMAN: Harvard UniversityDiscuss the main issues concerning MORAL SEDUCTION AND STRATEGIC ISSUE CYCLINGQuestion 3. (4.5+1.5=6 marks)
- Explain how unconscious biases impact on auditor Independence?
- Explain the context surrounding the ‘ironic rebound effect’