CIMA Related Exams
BA4 Exam
There are several different schools of ethics. Which of the following best represents the ethical approach adopted by the accountancy profession?
Which of the following is CORRECT?
(i) A company registered today may restrict its ability to contract by including a provision to that effect in its articles of association.
(ii) A company which was registered before the Companies Act 2006 came into force may pass a special resolution to remove its objects clause from its memorandum of association.
(iii) If the directors ignore any restriction on the company’s ability to contract they may be sued for breach of duty by the company.
P is an accountant working in a business Which of the following circumstances might create a self-interest threat for P in her professional role?