ICAN – NBC Institute

AAA – Nov 2011 – L3 – SA – Q14 – Regulatory Investigations and Disciplinary Actions

Identifies a sanction not applicable for ICAN members' misconduct.

Question

Which ONE of the following sanctions may NOT be imposed by The Institute of Chartered Accountants of Nigeria on its members for misconduct?

A. Reprimand
B. Suspension from membership
C. Expulsion from membership
D. Sealing off practice office
E. Payment of costs

Answer

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Tags: Disciplinary Actions, ICAN, Member Misconduct, Professional Ethics, Sanctions
Level: Level 3

Topic: Regulatory Investigations and Disciplinary Actions
Series: NOV 2011

AA – May 2021 – L2 – Q3 – Regulatory Framework for Auditing

Examination of factors for audit acceptance, stages in auditing, and roles of ICAN and FGN in audit regulation.

Question

The partners of Integrity Professional Services have just obtained their practicing licenses from the Institute. The professional service firm has decided to engage in audit, taxation, and consulting services. The firm has secured the approval of shareholders of some companies to be their auditors.

In view of the development, interested candidates have been invited to submit applications for appointment as audit seniors in the firm. You were shortlisted for an interview:

Required:

a. Explain the factors to be considered before accepting the audit of a company. (4 Marks)

b. Describe the stages in an audit of a company. (6 Marks)

c. Discuss the different roles of the Institute of Chartered Accountants of Nigeria (ICAN) and the Federal Government of Nigeria (FGN) in the regulation of external audit. (10 Marks)

Answer

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Tags: Audit Acceptance, External Audit Regulation, ICAN, Stages in Audit
Level: Level 2

Topic: Regulatory Framework for Auditing
Series: MAY 2021

CSME – Nov 2020 – L2 – Q6b – Corporate Governance

Discuss the behavioral attributes that will enable an ICAN student to act professionally.

Question

The ICAN Professional Code of Conduct and Guide for Members requires every member or student of the Institute to always “act professionally” and in “the public interest” in the discharge of their responsibilities.

Required:

Discuss the behavioural attributes that will enable an ICAN student to act professionally.

Answer

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Tags: Behavioral Attributes, Ethics, ICAN, Professionalism
Level: Level 2

Topic: Ethics in Business
Series: NOV 2020

CSME – Nov 2018 – L2 – Q5 – Ethics in Business

Discuss the six stages in handling ethical conflicts based on ICAN's professional code of conduct.

Question

You have been invited to facilitate a session on how to deal with ethical conflicts based on the Institute of Chartered Accountants of Nigeria code of professional conduct. Discuss the six stages in handling ethical conflicts.

Answer

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Tags: Ethical Conflicts, Ethics Management, ICAN, Professional Conduct
Level: Level 2

Topic: Ethics in Business
Series: NOV 2018

BMF – May 2023 – L1 – SB – Q4b – The Role of Professional Accountants in Business and Society

Identify three purposes of ICAN codes of ethics in the professional accounting field.

Question

Identify THREE purposes of ICAN codes of ethics.

Answer

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Tags: Code of Conduct, Ethical Standards, ICAN, Professional Ethics
Level: Level 1

Topic: The Role of Professional Accountants in Business and Society
Series: MAY 2023

BL – March July 2020 – L1 – SB – Q5c – Business Ethics

Explains why ICAN has an ethical code for regulating the conduct of professionals.

Question

Ethical codes are developed usually to regulate the conduct of professionals.

Required:
Explain why the Institute of Chartered Accountants of Nigeria (ICAN) has an ethical code.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Business Ethics, Ethical Standards, ICAN, Professional Code of Conduct
Level: Level 1

Topic: Business ethics
Series: MAR/JULY 2020

AAA – Nov 2011 – L3 – SA – Q14 – Regulatory Investigations and Disciplinary Actions

Identifies a sanction not applicable for ICAN members' misconduct.

Question

Which ONE of the following sanctions may NOT be imposed by The Institute of Chartered Accountants of Nigeria on its members for misconduct?

A. Reprimand
B. Suspension from membership
C. Expulsion from membership
D. Sealing off practice office
E. Payment of costs

Answer

Find Related Questions by Tags, levels, etc.

Tags: Disciplinary Actions, ICAN, Member Misconduct, Professional Ethics, Sanctions
Level: Level 3

Topic: Regulatory Investigations and Disciplinary Actions
Series: NOV 2011

AA – May 2021 – L2 – Q3 – Regulatory Framework for Auditing

Examination of factors for audit acceptance, stages in auditing, and roles of ICAN and FGN in audit regulation.

Question

In view of the development, interested candidates have been invited to submit applications for appointment as audit seniors in the firm. You were shortlisted for an interview:

Required:

a. Explain the factors to be considered before accepting the audit of a company. (4 Marks)

b. Describe the stages in an audit of a company. (6 Marks)

c. Discuss the different roles of the Institute of Chartered Accountants of Nigeria (ICAN) and the Federal Government of Nigeria (FGN) in the regulation of external audit. (10 Marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Audit Acceptance, External Audit Regulation, ICAN, Stages in Audit
Level: Level 2

Topic: Regulatory Framework for Auditing
Series: MAY 2021

CSME – Nov 2020 – L2 – Q6b – Corporate Governance

Discuss the behavioral attributes that will enable an ICAN student to act professionally.

Question

Required:

Discuss the behavioural attributes that will enable an ICAN student to act professionally.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Behavioral Attributes, Ethics, ICAN, Professionalism
Level: Level 2

Topic: Ethics in Business
Series: NOV 2020

CSME – Nov 2018 – L2 – Q5 – Ethics in Business

Discuss the six stages in handling ethical conflicts based on ICAN's professional code of conduct.

Question

Answer

Find Related Questions by Tags, levels, etc.

Tags: Ethical Conflicts, Ethics Management, ICAN, Professional Conduct
Level: Level 2

Topic: Ethics in Business
Series: NOV 2018

BMF – May 2023 – L1 – SB – Q4b – The Role of Professional Accountants in Business and Society

Identify three purposes of ICAN codes of ethics in the professional accounting field.

Question

Identify THREE purposes of ICAN codes of ethics.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Code of Conduct, Ethical Standards, ICAN, Professional Ethics
Level: Level 1

Topic: The Role of Professional Accountants in Business and Society
Series: MAY 2023

BL – March July 2020 – L1 – SB – Q5c – Business Ethics

Explains why ICAN has an ethical code for regulating the conduct of professionals.

Question

Ethical codes are developed usually to regulate the conduct of professionals.

Required:
Explain why the Institute of Chartered Accountants of Nigeria (ICAN) has an ethical code.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Business Ethics, Ethical Standards, ICAN, Professional Code of Conduct
Level: Level 1

Topic: Business ethics
Series: MAR/JULY 2020

Question Tag: ICAN

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AAA – Nov 2011 – L3 – SA – Q14 – Regulatory Investigations and Disciplinary Actions

Identifies a sanction not applicable for ICAN members' misconduct.

AA – May 2021 – L2 – Q3 – Regulatory Framework for Auditing

Examination of factors for audit acceptance, stages in auditing, and roles of ICAN and FGN in audit regulation.

CSME – Nov 2020 – L2 – Q6b – Corporate Governance

Discuss the behavioral attributes that will enable an ICAN student to act professionally.

CSME – Nov 2018 – L2 – Q5 – Ethics in Business

Discuss the six stages in handling ethical conflicts based on ICAN's professional code of conduct.

BMF – May 2023 – L1 – SB – Q4b – The Role of Professional Accountants in Business and Society

Identify three purposes of ICAN codes of ethics in the professional accounting field.

BL – March July 2020 – L1 – SB – Q5c – Business Ethics

Explains why ICAN has an ethical code for regulating the conduct of professionals.

AAA – Nov 2011 – L3 – SA – Q14 – Regulatory Investigations and Disciplinary Actions

Identifies a sanction not applicable for ICAN members' misconduct.

AA – May 2021 – L2 – Q3 – Regulatory Framework for Auditing

Examination of factors for audit acceptance, stages in auditing, and roles of ICAN and FGN in audit regulation.

CSME – Nov 2020 – L2 – Q6b – Corporate Governance

Discuss the behavioral attributes that will enable an ICAN student to act professionally.

CSME – Nov 2018 – L2 – Q5 – Ethics in Business

Discuss the six stages in handling ethical conflicts based on ICAN's professional code of conduct.

BMF – May 2023 – L1 – SB – Q4b – The Role of Professional Accountants in Business and Society

Identify three purposes of ICAN codes of ethics in the professional accounting field.

BL – March July 2020 – L1 – SB – Q5c – Business Ethics

Explains why ICAN has an ethical code for regulating the conduct of professionals.

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AAA – Nov 2011 – L3 – SA – Q14 – Regulatory Investigations and Disciplinary Actions

Identifies a sanction not applicable for ICAN members' misconduct.

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AA – May 2021 – L2 – Q3 – Regulatory Framework for Auditing

Examination of factors for audit acceptance, stages in auditing, and roles of ICAN and FGN in audit regulation.

You're reporting an error for "AA – May 2021 – L2 – Q3 – Regulatory Framework for Auditing"

CSME – Nov 2020 – L2 – Q6b – Corporate Governance

Discuss the behavioral attributes that will enable an ICAN student to act professionally.

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CSME – Nov 2018 – L2 – Q5 – Ethics in Business

Discuss the six stages in handling ethical conflicts based on ICAN's professional code of conduct.

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BMF – May 2023 – L1 – SB – Q4b – The Role of Professional Accountants in Business and Society

Identify three purposes of ICAN codes of ethics in the professional accounting field.

You're reporting an error for "BMF – May 2023 – L1 – SB – Q4b – The Role of Professional Accountants in Business and Society"

BL – March July 2020 – L1 – SB – Q5c – Business Ethics

Explains why ICAN has an ethical code for regulating the conduct of professionals.

You're reporting an error for "BL – March July 2020 – L1 – SB – Q5c – Business Ethics"

AAA – Nov 2011 – L3 – SA – Q14 – Regulatory Investigations and Disciplinary Actions

Identifies a sanction not applicable for ICAN members' misconduct.

You're reporting an error for "AAA – Nov 2011 – L3 – SA – Q14 – Regulatory Investigations and Disciplinary Actions"

AA – May 2021 – L2 – Q3 – Regulatory Framework for Auditing

Examination of factors for audit acceptance, stages in auditing, and roles of ICAN and FGN in audit regulation.

You're reporting an error for "AA – May 2021 – L2 – Q3 – Regulatory Framework for Auditing"

CSME – Nov 2020 – L2 – Q6b – Corporate Governance

Discuss the behavioral attributes that will enable an ICAN student to act professionally.

You're reporting an error for "CSME – Nov 2020 – L2 – Q6b – Corporate Governance"

CSME – Nov 2018 – L2 – Q5 – Ethics in Business

Discuss the six stages in handling ethical conflicts based on ICAN's professional code of conduct.

You're reporting an error for "CSME – Nov 2018 – L2 – Q5 – Ethics in Business"

BMF – May 2023 – L1 – SB – Q4b – The Role of Professional Accountants in Business and Society

Identify three purposes of ICAN codes of ethics in the professional accounting field.

You're reporting an error for "BMF – May 2023 – L1 – SB – Q4b – The Role of Professional Accountants in Business and Society"

BL – March July 2020 – L1 – SB – Q5c – Business Ethics

Explains why ICAN has an ethical code for regulating the conduct of professionals.

You're reporting an error for "BL – March July 2020 – L1 – SB – Q5c – Business Ethics"

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