Prof Ethics Simulation
kaywatts
Registered Posts: 2 New contributor 🐸
Can anyone answer the following supplementary Q. Probably obvious, by I can't get my head around it?
Consider the following quote and explain why this is unacceptable under the AAT Guidelines on Prof Ethics.
"part of our fee will be based on a percentage of the tax savings we identify for you".
Consider the following quote and explain why this is unacceptable under the AAT Guidelines on Prof Ethics.
"part of our fee will be based on a percentage of the tax savings we identify for you".
0
Comments
-
A member can state only that a client's affairs will be reported fully and accurately because there is a public duty to taxation authorites who provide public information as well as a duty to represent the client in the best possible manner within the ethical principles of the professions. This offer would compromise a member's professional obligation to be objective and independent. This offer also amounts to a contingency fee and the member can't guarantee to make a tax saving, only report accurately.
--
this should get you started I am sure others will be along soon!0
Categories
- All Categories
- 1.2K Books to buy and sell
- 2.3K General discussion
- 12.5K For AAT students
- 328 NEW! Qualifications 2022
- 161 General Qualifications 2022 discussion
- 11 AAT Level 2 Certificate in Accounting
- 57 AAT Level 3 Diploma in Accounting
- 95 AAT Level 4 Diploma in Professional Accounting
- 8.9K For accounting professionals
- 23 coronavirus (Covid-19)
- 273 VAT
- 92 Software
- 275 Tax
- 138 Bookkeeping
- 7.2K General accounting discussion
- 203 AAT member discussion
- 3.8K For everyone
- 38 AAT news and announcements
- 345 Feedback for AAT
- 2.8K Chat and off-topic discussion
- 584 Job postings
- 16 Who can benefit from AAT?
- 36 Where can AAT take me?
- 42 Getting started with AAT
- 26 Finding an AAT training provider
- 48 Distance learning and other ways to study AAT
- 25 Apprenticeships
- 66 AAT membership