• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • CIMA Forums
  • Ask CIMA Tutor
  • FIA
  • OBU
  • Buy/Sell Books
  • All Forums
  • Latest Topics

Specially for OpenTuition students: 20% off BPP Books for ACCA & CIMA exams – Get your BPP Discount Code >>

conflict of interest- step wise approach to answer?

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › conflict of interest- step wise approach to answer?

  • This topic has 1 reply, 2 voices, and was last updated 1 year ago by Kim Smith.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • August 22, 2021 at 3:50 pm #632542
    Noah098
    Member
    • Topics: 935
    • Replies: 352
    • ☆☆☆☆☆

    maam when writing out steps for ways to manage conflict of interest then do we need to mention steps in EXACT ORDER ?

    and are there any specific questions in AA in section B where we need to keep the order of points in mind?

    August 22, 2021 at 5:11 pm #632562
    Kim Smith
    Keymaster
    • Topics: 102
    • Replies: 6947
    • ☆☆☆☆☆

    You have a commonsense order of considerations in the notes on page 22:

    Identify the threat (name it) to the fundamental principle(s) – name them too.

    Can the conflicted by eliminated? Say how.

    If not, are there safeguards that would reduce the threat to an acceptable level? What are they? (There’s no point applying safeguards if they don’t “do the job”.)

    If safeguards can’t do the job – something has to “give” – e.g. decline to accept the audit appointment.

  • Author
    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.
Log In

Primary Sidebar

ACCA News:

 

ACCA My Exam Performance for non-variant Applied Skills exams is available NOW

NEW! Download the ACCA Pass Guide

FREE Verifiable CPD for ACCA Members

ACCA mock exams and debrief videos

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

Donate

If you have benefited from OpenTuition please donate.

ACCA CBE 2023 Exams

Instant Poll * How was your exam, and what was the result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Specially for OpenTuition students

20% off BPP Books

Get BPP Discount Code

Latest comments

  • sashafarah on Statement of cash flows – Example 1 (revision) – ACCA Financial Reporting (FR)
  • MesumAliZaidi on The nature and structure of organisations – ACCA Paper BT
  • MikeLittle on Termination of Offer – ACCA Corporate and Business Law (LW) (ENG)
  • zan13898 on Termination of Offer – ACCA Corporate and Business Law (LW) (ENG)
  • Bukr on Life cycle costing (part 2) – ACCA Performance Management (PM)

Copyright © 2023 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in


We use cookies to show you relevant advertising, find out more: Privacy Policy · Cookie Policy