ACCA/CAT

Confidentiality – should not disclose, unless there is a legal or professional right or duty to disclose

Professional behavior – comply with relevant laws and regulations and should avoid any action that discredits the profession

Ethical framework

6.Practical situations

Consider the following:

. relationships – boss, subordinate, husband, friend

. consequences – survival of the company, company’s reputation, company as a whole is amoral

. actions – informal discussions, further investigation, tightening up of controls or the introduction of new ones, attention to organizational matters

7.Examination questions: an approach

In a situation involving ethical issues, there are practical steps that should be taken:

. establish the facts of the situation by further investigation and work

. consider the alternative options available for action

. consider whether any professional guidelines have been breached

. state the best course of action based on the steps above

Use the terminology of the ethical guidelines:

Objectivity: integrity, fairness, bias, influence

Independence:

8.Professional skills – guidance from the ACCA

Marks are awarded for professional skills

Environmental and social reporting

1 Environmental reporting

Although not compulsory, environmental reports are becoming increasing important. You should distinguish

-items that affect the financial statements (e.g. IAS 37)

.items that affect the environmental report

Financial reporting: environmental matters may be reported in the accounts of companies in the following areas:

. contingent liabilities

. exceptional charges

. operating and financial review comments

. profit and capital expenditure forecasts

2 Sustainability

The Global Reporting Initiative (GRI): arose from the need to address the failure of the current governance structures to respond to changes in the global economy.

3 dimensions of the conventional definition of sustainability: economic, environmental, and social

3 Social responsibility

The stakeholder view holds that there are many groups in society with an interest in the organization’s activities. Some firms have objectives for these issues. Some argue, however, that a business’s only objective should be to make money: the state, representing the public interest, can levy taxes to spend on socially desirable projects or can regulate organizational activities.

A company’s objectives in relation to wider society:

. protection of the environment,

. support for good causes

. a responsible attitude to product safety

4 Human resource accounting: is an approach which regards, people as assets.

Intellectual assets, or intellectual capital have 3 main types:

. External assets

. internal assets

. competencies

编辑推荐：

特许公认会计师公会ACCA报考指南

ACCA考试模拟试题专练，点击查看

（责任编辑：xy）

共2页,当前第1页  第一页  前一页  下一页