- 5 Marks
MA – Nov 2024 – L2 – Q2b – Ethical Standards in Business
Explanation of the need for ethical standards in business with reference to threats to ethical behavior.
Question
According to the IESBA Handbook of the International Code of Ethics for Professional Accountants, 2024 Edition, a distinguishing mark of the accountancy profession is its acceptance of the responsibility to act in the public interest and uphold ethical standards.
Required:
Explain the need for ethical standards in business (make reference to threats to ethical behavior).
Find Related Questions by Tags, levels, etc.
- Tags: Business Integrity, Code of Conduct, Corporate Governance, Ethics, Professional Standards
- Level: Level 2
- Topic: Other Aspects of Performance Measurement
- Series: Nov 2024
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