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AA – Nov 2020 – L2 – Q6 – Professional Ethics and Code of Conduct for Auditors

Discuss the ICAN code on acting professionally and in the public interest and differentiate between trade and profession.

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:
a. Explain “act professionally” in relation to the ICAN code. (1 Mark)
b. Discuss the behavioral attributes that will enable an ICAN student to act professionally. (6 Marks)
c. Discuss briefly “acting in the public interest”. (7 Marks)
d. Differentiate between a trade and a profession. (6 Marks)

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AA – Nov 2020 – L2 – Q6 – Professional Ethics and Code of Conduct for Auditors

Discuss the ICAN code on acting professionally and in the public interest and differentiate between trade and profession.

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:
a. Explain “act professionally” in relation to the ICAN code. (1 Mark)
b. Discuss the behavioral attributes that will enable an ICAN student to act professionally. (6 Marks)
c. Discuss briefly “acting in the public interest”. (7 Marks)
d. Differentiate between a trade and a profession. (6 Marks)

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