Question: QUESTION 5 ( 5 marks, 7 . 5 minutes ) Mr Steinhoff is a Chartered Accountant registered with SAICA. He works as an internal auditor

 QUESTION 5(5 marks, 7.5 minutes) Mr Steinhoff is a Chartered Accountant

QUESTION 5(5 marks, 7.5 minutes)
Mr Steinhoff is a Chartered Accountant registered with SAICA. He works as an internal auditor at Dischem Ltd. Whilst undertaking his work on sales division at Dischem, he detects fictitious sales recorded by the sales clerk.
Furthermore, the sales clerk offers to bribe Mr Steinhoff by paying a substantial amount into his bank account in return for the silence.
You are required to:
Discuss the matter with reference to the Code of Professional conduct. (5 Marks)
registered with SAICA. He works as an internal auditor at Dischem Ltd.

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