ACCA Study E-books available
ACCA Exam Study Text
ACCA Paper F1 - Exam Study Text - Accountant in Business
ACCA Paper F2 - Exam Study Text - Management Accounting
ACCA Paper F5 - Exam Study Text - Performance Management
ACCA Paper F9 - Exam Study Text - Financial Management
ACCA Paper P3 - Exam Study Text - Business Analysis
ACCA Practice Questions and Answers
ACCA Paper F1 - Practice Questions and Answers - Accountant in Business
ACCA Paper F2 - Practice Questions and Answers - Management Accounting
ACCA Paper F3 - Practice Questions and Answers - Financial Accounting
ACCA Paper F5 - Practice Questions and Answers Diagnostic Tests - Performance Management
ACCA Paper F9 - Practice Questions and Answers Diagnostic Tests - Financial Management
ACCA Paper P3 - Practice Questions and Answers - Business Analysis
ACCA Revision Mnemonics and Charts
ACCA Paper F5 - Revision Mnemonics and Charts - Performance Management
ACCA Paper F8 - Revision Mnemonics and Charts - Audit and Assurance (International)
ACCA Paper F9 - Revision Mnemonics and Charts - Financial Management
ACCA Paper P3 - Revision Mnemonics and Charts - Business Analysis
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Make ethics count
The financial crisis was made worse by ethical failings, says an ACCA report.
The ACCA is now urging the business world to focus more on its ethical responsibilities and on prioritising the recruitment of senior executives and financial staff with strong ethical compasses. The new report “Risk and Reward – Tempering the Pursuit of Profit’, explains that there was a massive failure of identifying ‘people risk’.
Paul Moxey ,ACCA’s head of corporate governance, explained: “According to the official US government investigation into its collapse, Lehman’s executives were able to move debt on and off their balance sheets at will by picking and choosing which legal jurisdictions and accounting standards they wanted to comply with. But in doing this Lehman’s never broke any rules; the absence of any benchmark of conduct that would have prevented this sort of regulatory arbitrage arguably actually legitimised what they did."
28-7-2010 by PQ Magazine
