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Chapter 2

Ethical conflict

Outcome

At the end of this session you should be able to:

 explain the relationship between the CIMA Code of Ethics and the law

 describe the consequences of ethical behaviour to society, business, the
profession and the professional accountant

 identify conflicting perspectives of interest when dealing with stakeholders in
society, business and the values of professional accountants

 identify situations where ethical dilemmas and conflicts of interest occur, based
on CIMA’s ethical checklist

and answer questions relating to these areas.

The underpinning detail for this chapter in your Integrated Workbook can be
found in Chapter 2 of your Study Text.

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