Ethics For Accountants

What document, issued by the AAT,  provides guidance to its members on their ethical conduct?

Where conflict of interest is faced by an accountant this might affect his/her professional judgement and threaten which of his/her fundamental ethical principles?

Edward is an AAT member who works in practice. Oscar, one of his clients, has asked for help preparing a complex application for a bank loan for £800,000. Edward does not have any previous experience of this kind of work. Which of Edward’s fundamental ethical principles is threatened if he agrees to carry out the work?

Define the fundamental principle of integrity.

Niamh is an accountant who has recently left the accounts department of Brownlee Ltd to join Cleo & French, a local accounting practice. Brownlee Ltd has now become a client of Cleo & French and the partners have decided that Niamh would be the best person to look after this client as she was involved in preparing the accounting records before she left. What type of threat will this create to Niamh’s objectivity?

What are the four stages of AAT’s CPD cycle?

What are the two main categories of safeguards against threats to our fundamental ethical principles that can be put in place?