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How has jack deviated from this code

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Reference no: EM133534149

Case Study: Jack Jones is a junior management accountant at HJK Ltd. Jack is given the task of compiling acost-benefit analysis report on whether the company should purchase an expensive new machinefrom CVB Ltd, where his cousin is the new sales manager. Jack did not tell anyone in HJK Ltdabout his cousin's new job. In preparing his report, Jack overstates the qualitative benefits andunderstates the costs associated with this new machine, to help his cousin, make his first sale asthe new sales manager.

Question: What are the fundamental principles of the International Federation of Accountants' (IFAC) Codeof Ethics? How has Jack deviated from this Code.

 

Reference no: EM133534149

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