Shortcut formula for final audit ethics to learn

CA AYUSH AGRAWAL (Kolkata-Pune-Mumbai) (26986 Points)

07 October 2011  

Memory technique for Prof Ethics:

2nd Schedule: part I:' Don't Cheat Friends It May Make Good Intention Go Bad '

 

Clause

(1) Discloses,

(2) Certifies,

(3) Forecast,

(4) (Substantial) Interest,

(5) Material Fact,

(6) Material Misstatement,

(7)Grossly negligent,

(8) (Sufficient) Information,

(9) Generally accepted,

(10) (Separate)Bank a/c