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The company management is asking Ms.Haniya to make some changes in the financial statements of the...

The company management is asking Ms.Haniya to make some changes in the financial statements of the campany in the current year. The management wanted Ms.Haniya to show less profits so that that company can pay less taxes to the government. But she did not agree to make such false statements and cheat the government.

Which IFAC Code of Ethics for professional Accountants apply to this situation :
1- Integrity
2- Objectivity.
3- Confidentiality.

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Answer #2

The correct answer is 1. Integrity.

The principle of integrity imposes an obligation on all professional accountants to be straightforward and honest in professional and business relationships. Integrity also implies fair dealing and truthfulness.

Integrity also means that A professional accountant should not be associated with reports, returns, communications or other information in which they believe that the information contains false and misleading statements.

In case of any query/clarification please leave a comment below, if the answer was helpful please leave a thumbs up, Thanks!

answered by: anonymous
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