the SMCA and FBA wode of professional esenduct.

These are identifed as follows:

$1$ integrity

i$.$ Objectivity

I. Pofsasionat competence and due cas

w$.$ Confidentially

x$.$ Prolesaional behaviour

The following scevilos nay resut in non$-$complanoe wh one or nore of the pinoiples llatod above by the aulfor

or acoountant.

a$)$ Thebo is a chartered cocountant who is enployed by a stabe$-$owned enterplse. He appeared belone a

there was proof made avalable which indicated he was lying. Thabo ackowledged that he had led and then

went on to state that he was instructed io do so by his superiors.

b$)$ Meshel atunded and pave a spech at a private diner for Shemice's birhday who is the finandal directer of a

oonepany that is a najor dient of the aud fim that Meshel woiks at$.$ Meshel is in cherge of the audt that is being

perforned at Shemict's company and they have been dose fiends for almost five years.

Azola is very handwoking and competent. She, however, neluses is have any male menbes on her audt teari as

she believes frot fende iean menters are move pootessional and oompetent as corpaved to male tean nenben.

Roquind:

$1\mathrm{.}1$ For each of the fundanental pinciples oufined above, provide a conose eaplanation of what that lundanental principle

entals.

any of the ethical principles that ave lated from $($i$)$ to $($i$).$ Substantiate you anower. You should use the marks

alscation as a gide when providing your answits.

QUESTION $2$

For each of the shatons desabed below, identify the catspary of throut to the tundanental pincoples of the SACA Code of

a$)$ An audtor has stares in a conpany which is an adit clent of thein.

b$)$ An accourtant has complod the finandal satenents tor a dient and was nequested to also audit he statenerts.

a$)$ The olanoved acoountant folls io neport a fraud at a clent because the perpetator is a close fiend and he is

ipruathofe to the interest of his tiend