ACCA Paper P1 Mnemonics Lounge

American Accounting Association approach to ethical issues.
FenABCD
F=Fact.
E=Ethic (Independence, Obedience, Confidentiality)
N=Norm (Objectivity,.Governance. Independence, transparency)
A= Alternative Course of action.
B=Best Course of action.
c=Consequences of each action
D=Decision

Hi,

Can somebody send me BPP mock for P1 and QBD for both BPP & Kaplin my e-mail address is sukhi_s@hotmail.co.uk

PRESSSD
Pristine Capitalist
Radical Feminist
Expedients
Social Contract
Social Ecologist
Socialist
Deep Ecologist

awesome~ very useful for remember

Thanks very much helps summarise some of topics that have read and makes it easier to remember very good idea.

Thank you, easy to remember 🙂

Clarissa Whistle-Blower – the role of the audit committee

Create an atmosphere of discipline and control
Lend an air of credibility to the financial statements
Assist the CFO by providing a forum
Review the financial statements to see if presentation could be any clearer
Independent attitude brought to their office
Strengthen the role of the internal auditor
Strengthen the role of the external auditor
Assist in dispute resolution between execs and external auditors

Clarissa’s maiden name was Whistle and she married a guy called Blower so she’s now Clarissa Whistle-Blower – and she lends an ear to any of the company’s employees who want to blow the whistle on company activities

Thanks very useful

thanks 🙂

To remember Gray, Owen and Adams in order:

Pristine capitalist
Expedients
Social contract
Social ecologist
Socialist
Radical feminist
Deep ecologist

Pretty Easy Shedules Stop Silly Random Deadlines

(also remember that the three ‘socials’ are in alphabetical order)

Quality/ characteristic of good information ACCURATE
Accurate
Complete
Cost beneficial
User targeted
Relevant
authoritative
Timely
Easy to use

Turbull ethic decision making question:

Please Look For Red Shoes 🙂
Profit ?
Legal ?
Fair?
Right?
Sustainable or environmentally?