Podcast
Questions and Answers
What does 'integrity' in the context of accountants imply?
What does 'integrity' in the context of accountants imply?
- Not following professional standards
- Allowing biases to influence decision-making
- Being honest and straightforward in professional and business relationships (correct)
- Being deceitful in business relationships
Which of the following is NOT a part of the principles mentioned for accountants?
Which of the following is NOT a part of the principles mentioned for accountants?
- Personal financial gain (correct)
- Objectivity
- Professional behaviour
- Professional competence and due care
What does 'objectivity' require from accountants?
What does 'objectivity' require from accountants?
- Allowing bias to influence decisions
- Acting independently without bias or conflicts of interest (correct)
- Following orders from others even if biased
- Compromising professional judgement for personal gain
What is the duty of accountants regarding 'professional competence and due care'?
What is the duty of accountants regarding 'professional competence and due care'?
Under the principle of 'confidentiality', accountants should:
Under the principle of 'confidentiality', accountants should:
What does 'professional behaviour' require accountants to do?
What does 'professional behaviour' require accountants to do?
Which factor distinguishes professionals from other occupations?
Which factor distinguishes professionals from other occupations?
What does 'public interest' mean in the context of accounting?
What does 'public interest' mean in the context of accounting?
How can individual accountants act in the best interest of the public?
How can individual accountants act in the best interest of the public?
What is the basis of ACCA’s code of ethics?
What is the basis of ACCA’s code of ethics?
What is a key role that the accountancy profession plays in upholding public interest?
What is a key role that the accountancy profession plays in upholding public interest?
What was Ron's initial reaction to the plans proposed by Ann?
What was Ron's initial reaction to the plans proposed by Ann?
How did Ron escalate his opposition to Ann's plans?
How did Ron escalate his opposition to Ann's plans?
Why did Ron say 'I regret the day I ever made that appointment'?
Why did Ron say 'I regret the day I ever made that appointment'?
What was the outcome of Ron's actions towards Ann after six months?
What was the outcome of Ron's actions towards Ann after six months?
How did Ann respond to the termination of her contract at Frigate Ltd?
How did Ann respond to the termination of her contract at Frigate Ltd?
'Professionalism is a very fundamental skill or competence expected from professionals' - based on the text, which of the following falls under professionalism?
'Professionalism is a very fundamental skill or competence expected from professionals' - based on the text, which of the following falls under professionalism?
