You may answer all the three (3) questions (a c) in a tabular form as below for each of the key audit areas assigned to you separately.

Question Three

(a) Comment on the need for ethical guidance for accountants on money laundering.

(b) What conducts are captured by Ghanas Act 749 and Act 1044 of 2020 as unlawful activities in relation to Money Laundering offences?

(c) Do Accountants have a role to play in the fight against Money Laundering?

(d) Critically discuss the consequences of Money Laundering

(e) Analyze the possible ways of combating Money Laundering globally and specifically in Ghana.

(f) Does a person have any protection -criminal and /or civil indemnity when he reports a suspicious transaction?