Ch 6 · Code of Ethics for Professional Accountants

5 concept points · 0 formulas · 4 exam-critical points.

📘 Core concepts

• 1Fundamental principles: Integrity, Objectivity, Professional Competence & Due Care, Confidentiality, Professional Behaviour.
• 2Threats: Self-Interest, Self-Review, Advocacy, Familiarity, Intimidation.
• 3Safeguards: created by profession/legislation, or within the firm/engagement.
• 4Conceptual framework approach — identify, evaluate, address.
• 5ICAI Code (2nd Edition) aligned with IESBA Code.