Question 1

[Section A] An accountant discovers that their employer is deliberately falsifying tax returns to evade corporate taxes. The accountant refuses to be associated with the fraudulent returns and reports the matter to the appropriate regulatory authorities. Which IFAC fundamental principle is the accountant primarily upholding by refusing to be associated with false information?

Accepted Answer

Recall the definition of Integrity in the IFAC code, which explicitly mentions not being associated with false information.

Question 2

What mistakes do candidates make on this ACCA question?

Accepted Answer

Selecting Confidentiality. While whistleblowing touches on confidentiality exceptions, the act of refusing to participate in a lie is rooted in Integrity.

How to approach this question

Full Answer

Common mistakes

Practice the full ACCA BT — Business & Technology Practice Exam 2

More questions from this exam