An accountant acting under their Code of Ethics would do which THREE of the following?
An accountant acting under their Code of Ethics would do which THREE of the following?
A . Resist pressure from the directors to recognise revenue on sales where the risks and rewards have not transferred to the customer.
B . Report material conflicts of interest to a more senior level.
C . Reject a justified change to a depreciation policy that increases profitability.
D . Accept a recommendation from the audit committee to increase segregation of duties within the finance department.
E . Make a provision for a liability of uncertain timing or amount, requested by the directors, where there is NOT a present obligation.
F . Accept a director’s instruction to remove one element of their remuneration from the directors’ remuneration report.
Answer: A,B,D
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