Question

9. At the end of tax season, you and your friends go out to celebrate. Unfortunately, you enjoy the evening a bit too much and, on the way home, are pulled over by the police. After given a sobriety test, you are arrested for felony DUI. Do you report this incident to the board of accountancy? If not, under what circumstances are you required to do so?

Answer 1

No,not required to report  to the board of accountancy.

If member Breaches code of ethics then the incident to be reported to the board of accountancy.

All professional accountants to ensure compliance with the five fundamental principles of ethics:

Integrity.

• A professional accountant should be straightforward and honest in all professional and business relationships

Objectivity.

• A professional accountant should not allow bias, conflict of interest or undue influence of others.

Professional Competence and Due Care.

• A professional accountant has a continuing duty to maintain professional knowledge and skill at the level required to ensure that a client or employer receives competent professional services based on current developments in practice, legislation and techniques. A professional accountant should act diligently and in accordance with applicable technical and professional standards when providing professional services.

Confidentiality.

• A professional accountant should respect the confidentiality of information acquired as a result of professional and business relationships and should not disclose any such information to third parties without proper and specific authority unless there is a legal or professional right or duty to disclose. Confidential information acquired as a result of professional and business relationships should not be used for the personal advantage of the professional accountant or third parties.

Professional Behavior.

• A professional accountant should comply with the relevant laws and regulations and should avoid any action that discredits the profession.