1.Some accounting items are treated differently under tax legislation than under accounting standards. Outline the different treatments, options, methods and practices for recording and reporting expenses/deductions, benefits and depreciation.

2.Identify and explain business legal requirements relating to delegated authorities, reporting periods and taxation payment timings.

3.Tax professionals are required to comply with the Tax Practitioners Board's Code of Professional Practice.Discuss ethical considerations in relation to conflict of interest, confidentiality and disclosure requirements as outlined in the Code.