A PUBLIC ACCOUNTANT is aware that new provisions for the taxation of trust distributions are coming into effect however because they are very busy, does not have time to attend training seminars or read up on the new laws. The accountant prepares the accounts without taking into account the new laws and the client is unfavourably taxed due to errors in their accounts.

Choose:

INDEPENDENCE

INTEGRITY

CONFIDENTIALITY

DUE CARE AND COMPETENCE

OBJECTIVITY

NOT AN ETHICAL ISSUE

PROFESSIONAL BEHAVIOUR

PROFESSIONAL SCEPTICISM