1.Public officials must not only do technical things correctly but they also must do

ethically correct things. (Dutelle, 2011)

(A) Discuss the five basics of public sector ethics?

(B) What are the deterrents and opportunities that can influence the likelihood of ethical

conduct in the public sector.

2.Question

Easy Clean Pty Ltd, a small proprietary company, is managed by seven directors and

four of them own 83% of company shares. The remaining percentage of shares is

owned by directors' families. For banking purpose, it has an open line of credit with

one of the state banks.

(A) Is Easy Clean Pty Ltd a reporting entity? Justify your answer.

(B) The IPSASB identifies citizens as primary users of GPFRs. Is it reasonable to assume that citizens actually read GPFRs produced by public sector entities? If not, does it still makesense to design the GPFRs based on their information needs?