Assume your role as an accountant includes deciding which suppliers to use. Supplier A has offered a price of $5.00 per unit and Supplier B offered a price of $5.10 per unit. Supplier B has also offered you personally tickets to a major sporting event if you choose them. In all other respects the suppliers are effectively indistinguishable.

Describe and explain the key ethical principles which professional accountants are expected to follow in general.

Discuss which of these principles seem most relevant to the decision faced by you in this example and state what you would do.