Question
You are a non-executive director of two unrelated companies, Al Safa and Al Marwa. Company Al Safa has recently bought a business that has an
You are a non-executive director of two unrelated companies, Al Safa and Al Marwa. Company Al Safa has recently bought a business that has an operation that competes with Al Marwa, so that both companies are now trying to get the same contracts. You are now likely to find out information about Company Al Safa that could be useful to your role in Company Al Marwa and vice versa. You are required to: Analyze the scenario and comment on the most applicable ethical principles for accountants and discuss the best possible course of actions? (300 words)
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