Integrity & ethical values- Strong
The integrity and ethical values of the firm are really strong. The owners are willing to expand and are not willing to do any wrong, that is one reason they want an audit conducted so that the financial statements provide accurate information. The owners have good ethics and integrity. The way the business has been going on in the past shows that there is integrity and ethics in the firm as a whole.
Commitment to competence- Moderate
The commitment to competence is moderate because it is seen that the firm has no well defined long term plans and nor does it take into Continue reading...