BUAW - Professional Ethics Flashcards
1
Q
What are the fundamental principles of ethics?
A
- Professional behaviour
- Professional competence and due care
- Confidentiality
- Integrity
- Objectivity
2
Q
What is integrity?
A
Being honest and refusing to compromise, honesty, transparency and fairness
3
Q
What is objectivity?
A
Not allowing bias, conflict of interest or undue influence of others to override their professional judgement
4
Q
What is professional competence and due care?
A
Providing competence professional service and ensuring the quality is of a high standard
5
Q
What is confidentiality?
A
Not disclosing information without proper authority or unless there is a legal duty to do so
6
Q
When may confidentiality be broken?
A
- Information needed in court
- Comply with accounting body
- Professional duty to disclose
7
Q
What is professional behaviour?
A
Comply with laws and regulations to avoid any action bringing the profession into disrepute
8
Q
How can the employer discipline you?
A
- Warning
- Hold a hearing
- Suspension or dismissal
