From: Financial Services Manager Subject: Our Code of Ethics Date: February 1, 2022 The partners of this practice would like to make our website more attractive to our existing and, more importantly, new clients. We like to add short 5 to 10 minutes blogs on current business topics, how-to help sessions, and descriptions of our operations and services. Our first blog is to be on our Code of Ethics. Our Code of Ethics reflects the APES 110 Code of Ethics for Professional Accountants (including Independence Standards) so we would like the blog to highlight: Why we have a Code-refer to section 100.1 A1 The fundamental principles of ethics-refer to subsections 111 to 115 Additionally Ethical Dilemma Checklist - we will mirror CIMA's ethics checklist, which I have attached We thought we would hand you this task, as we are not too skilled with blogging. We want this project up and running as soon as possible. Send me a copy of what you come up with, for review Ethics checklist When you face an ethical dilemma, CIMA's ethics checklist can help you consider the best course of action. Yes Yes Do you have enough facts to understand the situation? L.e. factual evidence, rather than relying on gossip or rumours? Can you find out more so that you have a good understanding of the situation? Monitor the situation and document any developments. If you have any suspicions of illegal activity including money laundering, you may be required to report this to authorities. No No Do you think that any laws are being broken? Not sure? You should access legal advice, then continue to the next step. No Yes Stop! You should not proceed and should consider whether you may need to report to police, regulators or another authority Have you read and understood any relevant sections of the CIMA Code of Ethics? And are you happy that you are following the Code? If you need guidance on the Code of Ethics, contact the ethics inbox or helpline No Yes Have you read and understood any relevant sections of the CIMA Code of Ethics? And are you happy that you are following the Code? If you need guidance on the Code of Ethics, contact the ethics inbox or helpline You must follow the CIMA Code of Ethics Are you in compliance with any policies or guidance your organisation has relating to this situation? No Yes If a policy doesn't exist, consider whether you can influence the creation of a new policy. Once you've done this, continue to the next step No No Yes Discuss next steps with your line manager or other relevant colleagues Is there a reputational risk to the organisation or profession if you proceed? Would I you feel uncomfortable if the situation was printed in a newspaper? Consider how the risk to the business can be minimised. Once you've done this, continue to the next step Are you personally comfortable proceeding? You should proceed with caution. Yes No No Yes Discuss next steps with your line manager or Is there a reputational risk to the organisation or profession if you proceed? Would you feel uncomfortable if the situation was printed in a newspaper? Consider how Once you've d risk to the business can be minimised. is, continue to the next step & Are you personally comfortable proceeding? You should proceed with caution. Remain alert to changes in the situation Consider why you are uncomfortable. Have you perhaps misunderstood the situation or is there an aspect of your own values that makes you feel uncomfortable? It's up to you how to proceed. Yes Mo This assessment task requires you to record (5 to 10 minutes) an oral communication describing the reason for ethics, fundamental principles of ethics, and checklist to deal with an ethical issue. You can use either your phone or computer app (e.g., ZOOM recording feature) to record yourself. You are not required to purchase or learn to use any detailed software or app. You will not be marked on any technical issue unless it is incomprehensible. You may ask for help in the recording process of another person The recording is to show you (at least above your shoulders) talking as required by your Financial Services Manager Use the following script for the oral communication to be videoed, 1.1 Introduction Who you are/Who you work for / Nature of Presentation 1.2 Why we have a code of ethics 1.3 The fundamental principles of ethics 1.4 Ethical Dilemma Checklist - talk your way through the checklist provided 1.5 Conclusion - finish with salutation/list five services offered by