Task: Analyse and apply the prescribed code of ethics, to provide a plan to deal with ethical challenges which can occur in accounting industry and a practical example of an ethical challenge which may arise in the organisation.
Context: Ethical challenges may arise in the workplace and the homework is prescribed to prepare you for dealing with such challenges by identifying and developing a plan to deal with such challenges, based on the code of ethics.
Instructions:
- step by step Plan to deal with ethical challenges
- example of a potential ethical challenge in the organisation
The resources for Ethics plan:
- APES 110 Code of Ethics for professional accountant ( part 1- fundamental principle)
- APES Guidance GN40 ( conceptual Framework, Flow diagram, Threats & Safeguards)