Question: Ethics in accountancy Please help. a) Question 1 (10 marks) 1.1 Expound in detail, in your own words, on the concept of integrity. (10x1=10 marks)

Ethics in accountancy Please help.

Ethics in accountancy Please help. a) Question 1 (10 marks) 1.1 Expound

a) Question 1 (10 marks) 1.1 Expound in detail, in your own words, on the concept of integrity. (10x1=10 marks) Aligns with SAICA competencies: 13 Professional ethics a) Relate professional ethics to the notion of public interest by being competent and delivering quality work Distinguish between ethical principles and rules of conduct, and apply b) the fundamental ethical principles of integrity, objectivity, professional competence and due care, confidentiality and professional behaviour in different scenarios Identify threats to ethical principles and apply appropriate safeguards to . facilitate ethical behaviour Apply an ethics-based reasoning process (based on professional values d) and attitudes and an organisational code of ethics) to solve ethics dilemmas relating to organisational ethics and corporate culture e) Analyse all courses of potentially unethical action as well as the consequences of each (e.g., disciplinary actions) f) Report ethical issues to SAICA, legal or regulatory authorities or others when appropriate 9) By way of general conduct, demonstrate a commitment to the ethical values upheld by the profession c) Question 2 (10 marks) 2.1 Provide a comparison of the strengths and weaknesses of capitalism. (10x1=10 marks) Aligns with SAICA competencies: Y2 Integrated thinking Synthesise and make sense of ideas and information from a variety of a) sources to create a design, formulate a plan, arrive at a viable solution to a problem, obtain a broader understanding of an issue etc. Apply the above (a) in the interpretation, analysis and evaluation of b) financial and non-financial information for impactful decision-making

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