Objectivity
Objectivity requires a professional accountant not to compromise professional or business judgement because of bias, conflicts of interest or undue influence. The accountant evaluates and addresses threats under the applicable ethics framework.
Worked example
An auditor who has a personal financial interest in the client reports the conflict and follows firm independence procedures.
Common mistake
A person’s confidence in their own impartiality does not by itself eliminate an actual or perceived threat.
Where it appears in your exams
| Qualification | Exam | Relationship | Period |
|---|---|---|---|
| ACCA | AA | Direct | September 2026–June 2027 |
| ACCA | AAA (INT) | Direct | September 2026–June 2027 |
| ACCA | BT | Direct | September 2026–June 2027 |
| ACCA | SBL | Direct | September 2026–June 2027 |
| FIA | FBT | Direct | September 2026–June 2027 |