Why is special need for ethical behavior by professionals

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Problem 1: The International Standards for the Professional Practice of Internal Auditing (Standards) issued by the Institute of Internal Auditors (IIA) includes code 1100 for Independence and Objectivity. Explain the code and discuss using examples of the challenges that might face an internal auditor in maintaining his/her independence and objectivity.

Problem 2: Why is there a special need for ethical behavior by professionals? Why are the ethical requirements of the public accounting profession different from those of other professions? Provide examples.

Reference no: EM132928847

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