6.2 Tech Competence and Professional Responsibility Flashcards

1
Q

to continue to be a member of ICAEW prof accountants must?

A

obey to rules and regulations
pay subscription fee
undertake CPD

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2
Q

members engaged in public service must also do what to maintain membership with ICAEW?

A

practising certificate
Abide by code of ethics
Prof Indem Insur (PII)

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3
Q

what are the reserved areas of practie?

A

Statutory audit
investment busiess
insolvency
probate

legistaion requires that these are carried out by members of certain bodies which are recognised professional regulators.

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4
Q

What are the fundemental ethocs principles?

A
Confidentiality
Objectivity
Proffesional competence
Integrity
Professional Behaviour
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