As the company must obey ASIC’s regulations, list five categories of principles under corporate code of conduct?
As the company must obey ASIC’s regulations, list five categories of principles under corporate code of conduct?
Homework Answers
Five categories of principles under corporate code of conduct are -
Code of Ethics is made up of five fundamental principles:
- Integrity. Being straightforward, honest and truthful in all professional and business relationships. You should not be associated with any information that you believe contains a materially false or misleading statement, or which is misleading by omission.
- Objectivity. Not allowing bias, conflict of interest or the influence of other people to override your professional judgement.
- Professional competence and due care. An ongoing commitment to your level of professional knowledge and skill. Base this on current developments in practice, legislation and techniques. Those working under your authority must also have the appropriate training and supervision.
- Confidentiality. You should not disclose professional information unless you have specific permission or a legal or professional duty to do so.
- Professional behavior. To comply with relevant laws and regulations. You must also avoid any action that could negatively affect the reputation of the profession.
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As the company must obey ASIC’s regulations, list five categories of principles under corporate code of conduct?
the top five principles that all healthcare employees must follow at a Medical Clinic. The principles...
the top five principles that all healthcare employees must follow at a Medical Clinic. The principles should be items that would be found in an ethical code of conduct and should align with the Medical Clinic's mission, vision, and values.
1. List 3 key principles in the code of conduct relevant in the case above. 2....
1. List 3 key principles in the code of conduct relevant in
the case above.
2. Discuss possible course of action that may take to uphold
the code of conduct.
You are the deputy director of finance and information for a hospital trust, with overall responsibility for the preparation of non-financial performance information. The newly appointed director of finance and information is putting considerable pressure on you concerning the collation and reporting of this year's performance information for presentation to...
Statements Answer 1. The AICPA Code of Professional Conduct includes: Principles, Rules and interpretations st be...
Statements Answer 1. The AICPA Code of Professional Conduct includes: Principles, Rules and interpretations st be independent of any enterprise and must also ______independent to third parties. A CPA's independence with respect to an enterprise will be impaired if the CPA has any or material indirect financial interest in the enterprise. In evaluating independence, financial interests of a CPA's are ascribed directly to the CPA CPAs in public practice should not accept a fee from an audit client that is...
Question 13(5 points) List and explain the four categories of artifacts through which corporate culture is...
Question 13(5 points) List and explain the four categories of artifacts through which corporate culture is analyzed. Question 100 point The following information is available for Isla Company for last May. How much is the net income for the month? Employee Salaries S15000 Interest paid on bank loan $2500 Rent paid to landlord 512500 Service Revenue 550000
1. There are reasons why accountants, according to the Code of Conduct, must be both independent...
1. There are reasons why accountants, according to the Code of Conduct, must be both independent in fact and appearance. Why do you think this is? 2. Assume you had some excess funds sitting at home. You were thinking of investing in a company. What factors would you consider in order to make an informed decision about whether to invest or not in this company? 3. What if the auditors who audited a major corporation concluded that their financial statements...
1. A) List five enzymes (must end in –ase) found in the replisome and in one/two...
1. A) List five enzymes (must end in –ase) found in the replisome and in one/two sentences explain their activity (role). B) Describe the 3’5’ exonuclease activity of DNA polymerase III. Why is this a useful activity (how does it help replication)? C) Look for the codons coding for Proline in the genetic code. One of them is CCC. What would the codon code for if there is a mutation in the wobble position to an A, G, T/U? What...
How would you reword these two questions into statements? 4. Does the company have a published code of ethics/conduct (w...
How would you reword these two questions into statements? 4. Does the company have a published code of ethics/conduct (with provisions related to conflicts of interest, related-party trans-actions, illegal acts, and fraud) made available to all personnel and does management require employees to confirm that they accept and agree to follow it? Does the frequency of exceptions undermine the code's effectiveness? Does the code comply will all applicable rules and regulations? 5. Does the company have an ethics/whistleblower hotline with...
All employees are expected to act according to their organization's Code of Ethics or Conduct, based...
All employees are expected to act according to their organization's Code of Ethics or Conduct, based upon the values of the organization. Furthermore, product safety engineers are asked to: (a) Determine "safety" ofproducts (b) Obtain various non-govermmental agency certifications for products (c) Confirm that products comply with govenment regulations (d) Examine and test products according to various standards They are required to do this using the minimum time, money, andnumber ofproduct samples - usually at the end of the product...
Above is a list of circumstances that raise a question about an auditors ethical conduct. Identify...
Above is a list of circumstances that raise a question about an
auditors ethical conduct. Identify the rule (of the AICPA) that
applies to each. Example: Advertising Rule
Question 2 of 8 < - /5 In the practice of public accounting, an auditor who is a member of the AICPA is expected to comply with the rules of the AICPA Code of Professional Conduct. Listed below are circumstances that raise a question about an auditor's ethical conduct. 1. 2. 3....
Conduct that is legal is ethically unquestionable. O a. True O b. False It can be...
Conduct that is legal is ethically unquestionable. O a. True O b. False It can be difficult to predict with certainty how a court will apply a given law to a particular action. O a. True O b. False The study of ethics goes no further than the requirements of the law to evaluate what is right for society, O a. True O b. False The effectiveness of an industry code of ethics is partly determined by the commitment of...
1. List 3 key principles in the code of conduct relevant in
the case above.
2. Discuss possible course of action that may take to uphold
the code of conduct.
You are the deputy director of finance and information for a hospital trust, with overall responsibility for the preparation of non-financial performance information. The newly appointed director of finance and information is putting considerable pressure on you concerning the collation and reporting of this year's performance information for presentation to...
Statements Answer 1. The AICPA Code of Professional Conduct includes: Principles, Rules and interpretations st be independent of any enterprise and must also ______independent to third parties. A CPA's independence with respect to an enterprise will be impaired if the CPA has any or material indirect financial interest in the enterprise. In evaluating independence, financial interests of a CPA's are ascribed directly to the CPA CPAs in public practice should not accept a fee from an audit client that is...
Question 13(5 points) List and explain the four categories of artifacts through which corporate culture is analyzed. Question 100 point The following information is available for Isla Company for last May. How much is the net income for the month? Employee Salaries S15000 Interest paid on bank loan $2500 Rent paid to landlord 512500 Service Revenue 550000
All employees are expected to act according to their organization's Code of Ethics or Conduct, based upon the values of the organization. Furthermore, product safety engineers are asked to: (a) Determine "safety" ofproducts (b) Obtain various non-govermmental agency certifications for products (c) Confirm that products comply with govenment regulations (d) Examine and test products according to various standards They are required to do this using the minimum time, money, andnumber ofproduct samples - usually at the end of the product...
Above is a list of circumstances that raise a question about an
auditors ethical conduct. Identify the rule (of the AICPA) that
applies to each. Example: Advertising Rule
Question 2 of 8 < - /5 In the practice of public accounting, an auditor who is a member of the AICPA is expected to comply with the rules of the AICPA Code of Professional Conduct. Listed below are circumstances that raise a question about an auditor's ethical conduct. 1. 2. 3....
Conduct that is legal is ethically unquestionable. O a. True O b. False It can be difficult to predict with certainty how a court will apply a given law to a particular action. O a. True O b. False The study of ethics goes no further than the requirements of the law to evaluate what is right for society, O a. True O b. False The effectiveness of an industry code of ethics is partly determined by the commitment of...
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