What is the ethical dilemmas that claire may face

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Claire is an accountant who runs her own accountancy practice and employs five auditors. She has become friends with the finance director of one of her clients. In addition, 60% of the practice fees relate to work for another of her clients.

Problem 1: What is the ethical dilemmas that Claire may face.

Problem 2: What is Current Purchasing Power (CPP) accounting and why does the monetary capital adjustment arise under this method?

Reference no: EM132906878

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