The role of the auditor is essential for verifying the accuracy and correctness of the information provided by corporations. He acts as an intermediary between the management and the users of this financial information. To reduce the information asymmetry, the auditor has also to comminicate with those using the information he provides. Thus, it is important that the groups involved have an understanding of the audit’s meaning. However, in this case the opinions are divided. Several attitudes do exist concerning the expectations of the purpose and operation of the audit. Humphrey (1997) provides the most notable distinctions between views of auditing: as a socially oriented function, in which “the auditors are portrayed as ethical, socially responsible individuals”, and auditing as a monopolistic business.
1- Care for each other: genuine interest in each other and their success and fulfilment
2- Openness and truthfulness: saying all that needs to be said in order to help the team achieving results
3- High levels of trust: trust amongst the team members and their work have a positive influence on results
4- Consensus decisions: decisions are made for the best win-win outcome for the team
5- Commitment: Doing what it takes to get the results you want
6- Address the conflict: it is seen by team members as healthy to address and work through conflicts
7- Real listening: focussing the attention to the communicator instead of being led by your own agenda
8- Express feelings: provide a safe and courageous space to express feelings without fear and ridicule
Professional Accreditation – do you need it?
In most countries there are two forms of accreditation for engineering qualifications - national accreditation/recognition by the Government, and professional recognition by an Engineering society or association.
In Australia, national accreditation of higher education qualifications is undertaken by the Australian Government regulator; “TEQSA” (Tertiary Education Quality and Standards Agency) – by Law, TEQSA are absolutely critical to any higher education being recognised.
The other form of accreditation is ‘professional accreditation’ though engineering societies such as; Engineers Australia or Professionals Australia. This professional recognition may help in obtaining employment, although an employer's requirement for this seems not at the levels it used to be - generally because the type of degree being studied, one's actual experience and past training are far more influential with potential employers.
Few engineering Master, and no PhD, degrees are accredited by Engineers Australia. Remember, if a qualification is not accredited by Engineers Australia, you can still apply for professional recognition by Engineers Australia on an individual, case-by-case are proud that we already have two Advanced Diplomas accredited by Engineers Australia, and are continuing to work with Engineers Australia to achieve accreditation on our Master and Bachelor degrees as soon as possible.
It should be noted that whilst confident, EIT cannot guarantee or commit to when (and if) we will receive accreditation from Engineers Australia for any of our other qualifications.