ETHICS : Code of Professional Conduct Section Overview

Chartered Accountants in business

210 Conflict of interest

220 Preparation and Presentation information

230 Acting with sufficient expertise

240 Financial interests

250 Inducements , including gifts and hospitality

270 Pressure to breach fundamental principles

210 Conflict of interest

Objectivity

220 Preparation and Presentation information

Threats: Self - interest,Intimidation

Threat to: Objectivity, Integrity, Professional competence & due care

230 Acting with sufficient expertise

Threat:Self - interest

Threat to: Compliance and due care

250 Inducements , including gifts and hospitality

Threats: Self - interest, Familiarity, Intimidation

Threat to: Integrity, Objectivity, Professional behaviour

Chartered Accountant in public practice

310 Conflict of interest

320 Professional appointments

321 Second Opinion

330 Fees

340 Inducements , including Gifts and Hospitality

350 Custody of client assets

310 Conflict of interest

Objectivity Confidentiality

320 Professional appointments

Client acceptance, Changes in professional appointments

Threats: Self - interest

Threat to: Integrity, Professional behaviour, Professional competence and due care

321 Second Opinion

Threat: self-interest

Threat to: Principle of Professional competence and due care

330 Fees

Threats: Levels of fess, Contingency fees, Referral fee or commission, Self - interest

Threat to: Principle of Professional competence and due care, Objectivity, Principles of Objectivity and Professional competence and due care

340 Inducements including Gifts and Hospitality

Threats: Self - interest, Familiarity -Intimidation

Threat to: Integrity, Objectivity, Professional behaviour

350 Custody of client assets

Before taking custody, After taking custody

Threat: self - interest

Threat to: professional behaviour, objectivity

Independence for audit and review arrangements

410 Fees

420 Gifts and Hospitality

510 Financial interest

511 Loans and guarantees

520 Business relationships

521 Family and personal relationships

410 Fees

Relative size, Overdue fees

Threats: Self - interest, Intimidation

Threat to: independance (objectivity)

420 Gifts and Hospitality

Threats: Self - interest, Familiarity, Intimidation

Threat to: integrity, objectivity, professional behaviour

510 Financial interest

Shares

Threat: Self - interest

Threat to: Independence

511 Loans and guarantees

Threat: Self - interest

Threat to: Independence

520 Business relationships

Threats: Self - interest, Intimidation

Threat to: independence

521 Family and personal relationships

Threatsm Self - interest, Familiarity, Intimidation

Threat to: independence (objectivity)