Bribery
Bribery involves offering, promising, providing, requesting or accepting an improper advantage to influence the exercise of a role or duty. Advantages can be non-cash and can benefit someone other than the immediate recipient. Legal tests vary, but the general ethical concern is improper influence, not merely whether money changed hands.
Worked example
A supplier offers a buyer a personal holiday if the buyer awards its contract. The proposed private benefit threatens impartial procurement even before any payment or holiday occurs.
Common mistake
Assuming a bribe must be cash or that all gifts are automatically bribes without examining purpose, context and applicable requirements.
Where it appears in your exams
| Qualification | Exam | Relationship | Period |
|---|---|---|---|
| ACCA | BT | Supporting | September 2026–June 2027 |
| ACCA | LW (ENG) | Direct | September 2026–June 2027 |
| ACCA | LW (GLO) | Direct | September 2026–June 2027 |
| ACCA | SBL | Direct | September 2026–June 2027 |
| FIA | FBT | Supporting | September 2026–June 2027 |