Podcast
Questions and Answers
A professional Accountants should comply with relevant laws and regulations and should avoid any action that discredits the profession, this principle is known as:
A professional Accountants should comply with relevant laws and regulations and should avoid any action that discredits the profession, this principle is known as:
- 1. Professional Compliances and due care
- 2. Professional Judgement
- 3. Professional behave (correct)
- 4. Professional Skepticism
2 In which of the following circumstances, there exist a professional duty or right, to disclose the information acquired as a result of Professional relationship:
2 In which of the following circumstances, there exist a professional duty or right, to disclose the information acquired as a result of Professional relationship:
- 1. To comply with requirements of peer review or Quality Review.
- 2. To respond to on inquiry or investigation by regulatory body
- 3. To comply with technical and ethical standards.
- 4. All of the above. (correct)
Threats occur as a result of the financial or other interests of a professional accountant or as relative is known as:
Threats occur as a result of the financial or other interests of a professional accountant or as relative is known as:
- 1. Self-interest Threats (correct)
- 2. Self-review Threats
- 3. Familiarity Threats
- 4. Intimidation Threats
4 Threats occur when professional accountant may be deterred from acting objectively by threats, actual or perceived is known as
4 Threats occur when professional accountant may be deterred from acting objectively by threats, actual or perceived is known as
Mr. A, a practicing Chartered Accountant agreed to select and recruit personal, conduct training programmed for and on behalf of a client.
Mr. A, a practicing Chartered Accountant agreed to select and recruit personal, conduct training programmed for and on behalf of a client.
Mr. S, a practicing Chartered Accountant agreed to "Portfolio management services" to his client M/s D limited.
Mr. S, a practicing Chartered Accountant agreed to "Portfolio management services" to his client M/s D limited.
Flashcards
Professional Behavior
Professional Behavior
Accountants must follow laws, avoid actions that damage the profession's reputation.
Professional Disclosure
Professional Disclosure
Accountants might need to reveal information gained from work, in specific circumstances.
Self-Interest Threat
Self-Interest Threat
Accountant's financial or personal ties influence professional judgment.
Intimidation Threat
Intimidation Threat
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Chartered Accountant's Training
Chartered Accountant's Training
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Chartered Accountant's Portfolio Management
Chartered Accountant's Portfolio Management
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