ACCA AA Syllabus A. Audit Framework And Regulation - Fundamental Principles - Past Papers ^{1 / 8}

Auditors have a professional duty of confidentiality under ACCA’s Code of Ethics and Conduct; voluntary disclosure of information may be necessary in certain situations.

For which TWO of the following situations should an auditor make VOLUNTARY disclosure?

(1) If an auditor knows or suspects his client is engaged in money laundering
(2) Where disclosure is made to non-governmental bodies
(3) Where it is in the public interest to disclose
(4) If an auditor suspects his client has committed terrorist offences

A. 1 and 4
B. 1 and 3
C. 2 and 4
D. 2 and 3

Which TWO of the following are fundamental principles as stated in the ACCA’s Code of Ethics and Conduct?

1 Objectivity
2 Independence
3 Confidentiality
4 Professional skepticism

A. 1 and 4
B. 1 and 2
C. 2 and 3
D. 1 and 3

Identify and explain each of the FIVE fundamental principles contained within ACCA’s Code of Ethics and Conduct. (5 marks)

Explain each of the FIVE fundamental principles of ACCA’s Code of Ethics and Conduct (5 marks)