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EnglandAccountingQuick questions

3.1 Financial accounting

Quick questions on The impact of ethical considerations: professional ethics, window dressing and stakeholders - AQA A-Level Accounting

2short Q&A pairs drawn directly from our worked dot-point answer. For full context and worked exam questions, read the parent dot-point page.

What is q1?
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Name three of the five fundamental principles of professional ethics. [3 marks] Any three of: integrity, objectivity, professional competence and due care, confidentiality, professional behaviour.
What is q2?
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State one safeguard an accountant can use when pressured to misstate the accounts. [1 mark] For example, document the instruction and escalate it to the audit committee (or refuse to make the misstatement).

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