ACC300 Principles Of Accounting02

The following cover various ethical situations .For each you need to state whether there has been a  violation or no violation of a general ethical principle and if there is a violation which ethical principle is violated.You need to also to briefly outline the reason for your answer in each situation .
(a) The Berowra Accountants are advertising a special in the local paper that they guarantee to provide their clients with a tax refund  .
(b) Jamie  Harvey ,Auditor,is an auditor for a chartered accounting firm  during the day and has just been asked to be  the treasurer of the local athletics club .The athletics club is a not for profit institution and Jamie’s firm only does audits of large public companies.
(c) The Pymble Accountants carried out the Audit of Monlec Ltd from July 7th to the 2nd September 2017 and Monlec have advised Pymble Accountants that the final payment is dependent upon receiving an “appropriate “ final report. 
(d)The Winton Accountants have just completed their audit of the Motoring Services Company and have provided all the working papers to the staff of Chadwick Chartered Accountants who have been  asked by the Institute of Chartered Accountants to carry out a Quality Review of the Audit work carried out by Winton Accountants during a recent audit.

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