a) In your opinion, why doesn't the CFA Institute include a dollar value in its Standard or even in its guidelines in relation to CFA Standard 1 (B) 'Independence and Objectivity'.

(This part of the question has been allocated 4 marks)

b) As a member of both the CFA Institute and a professional accounting body, given your previous completion of a double degree in finance and accounting, comment on how you would resolve the following ethical issue. Your employer has asked you to assist a client in a certain manner which you have assessed as being acceptable in accordance with the CFA ethical Code / Standards but is likely to breach those of the professional accounting body.Your client has also expressed their desire to be assisted in the manner as requested by your employer.

(This part of the question has been allocated 3 marks)