BTF1

Syllabus F2. The role of regulatory and professional bodies 2 / 5

a) Recognise the purpose of international and organisational codes of ethics and codes of conduct, IFAC (IESBA), ACCA etc.
b) Describe how professional bodies and regulators promote ethical awareness and prevent or punish illegal or unethical behaviour
c) Identify the factors that distinguish a profession from other types of occupation
d) Explain the role of the accountant in promoting ethical behaviour
e) Recognise when and to whom illegal, or unethical conduct by anyone within or connected to the organisation should be reported
The role of regulatory and professional bodies