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Code of ethics for professional accountants

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Reference no: EM131570546

Problem -

You are an accountant and you and another accountant have been undertaking work for a major client. The client is impressed by the work you have done. Before you have billed your client for the work that has been done the client attends your office with an expensive coffee machine that he leaves with the front office receptionist.

According to the APESB Code of Ethics for Professional Accountants what do you believe should be done about this coffee machine?

What sections or principles from the Code as set out above do you believe might be breached should you or your firm accept this coffee machine?

Reference no: EM131570546

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