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Question about other professional issues

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AAA Exams › Question about other professional issues

  • This topic has 1 reply, 2 voices, and was last updated 2 years ago by Kim Smith.
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  • December 24, 2022 at 4:34 am #675064
    phuongmore
    Participant
    • Topics: 131
    • Replies: 128
    • ☆☆☆

    Dear Sir,
    Some AAA questions require to discuss ethical and other professional issues.
    I can understand the requirement of ethical issues, but I am not clear about other professional issues.
    Could you please help me to clarify what is other professional issues and how to solve the question of other professional issues in the exam.
    Thanks

    December 24, 2022 at 9:52 am #675070
    Kim Smith
    Keymaster
    • Topics: 137
    • Replies: 8384
    • ☆☆☆☆☆

    Other professional issues might include, for example:

    – matters relating to client/engagement acceptance other than ethics (e.g. regarding the tendering process, due diligence/KYC procedures)
    – quality management issues (see the chapter in the notes – “ethics” is only one component of a system of quality management
    – auditor liability.

    It will depend on the scenario of course, but I would say that matters of quality management are most often examined in this context. This is very relevant to AAA since the issue of the ISQMs (that are not examinable in AA) – see the Syllabus Area C articles here https://www.accaglobal.com/pk/en/student/exam-support-resources/professional-exams-study-resources/p7/technical-articles.html

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