Responsibilities and Legal Liability with Regard to Private
Auditors in Ethiopia”: For the Fulfillment of M.Sc
Program in Accounting and Finance
Adviser: Johannes Kinfu (Prof)
By: Muluneh Beyene
Addis Ababa University
School of Gradate Studies
Department of Accounting and Finance
July, 2007
Addis Ababa
Statement of Certification
This is to certify that Muluneh Beyene has carried out his research work on the topic entitled “The Auditors Professional Responsibilities and
Legal Liability with Regard to Private Auditors in Ethiopia”
The work is original in nature and is suitable for submission for the reward of the M.Sc Degree in Accounting and Finance.
Advisor: Professor Johannes Kinfu
ii
Statement of Declaration
I, Muluneh Beyene, have carried out independently a research work on
“The Auditors professional responsibilities and legal liability with regard to private auditors in Ethiopia” in partial fulfillment of the requirement of the MSc program in Accounting and Finance with the guidance and support of the research advisor.
This study is my own work that has not been submitted for any degree or diploma program in this or any other institution.
Muluneh Beyene
July, 2007
iii
Acknowledgements
First of all I would like to thank the almighty God for helping me in the successful accomplishment of this paper.
I would also like to express my deepest thank to my advisor professor
Johannes Kinfu, who has given me his unreserved help and persistent guidance. He has offered me useful information to prepare this project paper without which it would have been difficult, if not impossible, to succeed. I would like to extend my heart felt appreciation and special thanks to my family, specially my wife Meseret Ararso, babies Wakan and Olyad, my sister Fantaye Beyene; and my friends particularly Mengiste Tebeje and Amanuel Worku for their moral and financial
Bibliography: ACCA, Rule Book: January, 2007. Commercial Code of Ethiopia, 1960. Fortune; Weekly News Letter: 2003, 2006.