Accountancy profession – NBC Institute

BMF – May 2018 – L1 – SA – Q13 – The Role of Professional Accountants in Business and Society

Identifies main ethical threats in accountancy.

Question

The main threats to ethical behaviour in the accountancy profession fall into the following categories EXCEPT
A. Professional competence threat
B. Intimidation threat
C. Self-interest threat
D. Familiarity threat
E. Advocacy threat

Answer

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Tags: Accountancy profession, Ethical Threats, Professional competence
Level: Level 1

Topic: The Role of Professional Accountants in Business and Society
Series: MAY 2018

AA – Dec 2022 – L2 – Q1a – Introduction to Audit and Assurance Engagements

Explains the concept of self-regulation and outlines the roles of ICAG in regulating the accountancy profession in Ghana.

Question

Institute of Chartered Accountants, Ghana (ICAG) is established by the Institute of Chartered Accountants, Ghana, Act 2020 (Act 1058). Its mission is to train professional accountants of the highest quality, ready to provide cutting-edge services to their clients at all times, upholding the ethical values of the accountancy profession. In addition, all companies must have their financial statements audited by accountants regulated by ICAG as it is the sole regulator of the accountancy practice in Ghana.

Required:

i) Define the concept of self-regulation.
ii) Outline THREE (3) roles of a regulatory body such as ICAG in regulating the accountancy profession in Ghana.

Answer

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Tags: Accountancy profession, Audit, Ghana, ICAG, Regulatory Bodies, Self-regulation
Level: Level 2

Topic: Introduction to Audit and Assurance Engagements
Series: DEC 2022

AA – Aug 2022 – L2 – Q2b – Institutional Regulation and Standard-Setting

Identifies and explains the roles of the main committees established under the ICAG Act, 2020 (Act 1058).

Question

The Institute of Chartered Accountants, Ghana Act, 2020 (Act 1058) gives power to the council to establish committees to regulate the Accountancy Profession and Practice.

Required:
Identify THREE (3) main committees and their role as stated under the new Act.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Accountancy profession, Committees, ICAG Act, Regulatory committees
Level: Level 2

Topic: Institutional Regulation and Standard-Setting
Series: AUG 2022

BMF – May 2018 – L1 – SA – Q13 – The Role of Professional Accountants in Business and Society

Identifies main ethical threats in accountancy.

Question

Answer

Find Related Questions by Tags, levels, etc.

Tags: Accountancy profession, Ethical Threats, Professional competence
Level: Level 1

Topic: The Role of Professional Accountants in Business and Society
Series: MAY 2018

AA – Dec 2022 – L2 – Q1a – Introduction to Audit and Assurance Engagements

Explains the concept of self-regulation and outlines the roles of ICAG in regulating the accountancy profession in Ghana.

Question

Required:

i) Define the concept of self-regulation.
ii) Outline THREE (3) roles of a regulatory body such as ICAG in regulating the accountancy profession in Ghana.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Accountancy profession, Audit, Ghana, ICAG, Regulatory Bodies, Self-regulation
Level: Level 2

Topic: Introduction to Audit and Assurance Engagements
Series: DEC 2022

AA – Aug 2022 – L2 – Q2b – Institutional Regulation and Standard-Setting

Identifies and explains the roles of the main committees established under the ICAG Act, 2020 (Act 1058).

Question

The Institute of Chartered Accountants, Ghana Act, 2020 (Act 1058) gives power to the council to establish committees to regulate the Accountancy Profession and Practice.

Required:
Identify THREE (3) main committees and their role as stated under the new Act.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Accountancy profession, Committees, ICAG Act, Regulatory committees
Level: Level 2

Topic: Institutional Regulation and Standard-Setting
Series: AUG 2022

Question Tag: Accountancy profession

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BMF – May 2018 – L1 – SA – Q13 – The Role of Professional Accountants in Business and Society

Identifies main ethical threats in accountancy.

AA – Dec 2022 – L2 – Q1a – Introduction to Audit and Assurance Engagements

Explains the concept of self-regulation and outlines the roles of ICAG in regulating the accountancy profession in Ghana.

AA – Aug 2022 – L2 – Q2b – Institutional Regulation and Standard-Setting

Identifies and explains the roles of the main committees established under the ICAG Act, 2020 (Act 1058).

BMF – May 2018 – L1 – SA – Q13 – The Role of Professional Accountants in Business and Society

Identifies main ethical threats in accountancy.

AA – Dec 2022 – L2 – Q1a – Introduction to Audit and Assurance Engagements

Explains the concept of self-regulation and outlines the roles of ICAG in regulating the accountancy profession in Ghana.

AA – Aug 2022 – L2 – Q2b – Institutional Regulation and Standard-Setting

Identifies and explains the roles of the main committees established under the ICAG Act, 2020 (Act 1058).

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BMF – May 2018 – L1 – SA – Q13 – The Role of Professional Accountants in Business and Society

Identifies main ethical threats in accountancy.

You're reporting an error for "BMF – May 2018 – L1 – SA – Q13 – The Role of Professional Accountants in Business and Society"

AA – Dec 2022 – L2 – Q1a – Introduction to Audit and Assurance Engagements

Explains the concept of self-regulation and outlines the roles of ICAG in regulating the accountancy profession in Ghana.

You're reporting an error for "AA – Dec 2022 – L2 – Q1a – Introduction to Audit and Assurance Engagements"

AA – Aug 2022 – L2 – Q2b – Institutional Regulation and Standard-Setting

Identifies and explains the roles of the main committees established under the ICAG Act, 2020 (Act 1058).

You're reporting an error for "AA – Aug 2022 – L2 – Q2b – Institutional Regulation and Standard-Setting"

BMF – May 2018 – L1 – SA – Q13 – The Role of Professional Accountants in Business and Society

Identifies main ethical threats in accountancy.

You're reporting an error for "BMF – May 2018 – L1 – SA – Q13 – The Role of Professional Accountants in Business and Society"

AA – Dec 2022 – L2 – Q1a – Introduction to Audit and Assurance Engagements

Explains the concept of self-regulation and outlines the roles of ICAG in regulating the accountancy profession in Ghana.

You're reporting an error for "AA – Dec 2022 – L2 – Q1a – Introduction to Audit and Assurance Engagements"

AA – Aug 2022 – L2 – Q2b – Institutional Regulation and Standard-Setting

Identifies and explains the roles of the main committees established under the ICAG Act, 2020 (Act 1058).

You're reporting an error for "AA – Aug 2022 – L2 – Q2b – Institutional Regulation and Standard-Setting"

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