Question

SAICA has published a Code of Professional Conduct.

YOU ARE REQUIRED TO:
List the services included in the Code relating to ""professional services"". (3)

Answer 1

The SAICA Code of Professional Conduct includes services such as audit and assurance, taxation, and advisory services. These services adhere to principles like integrity, objectivity, and confidentiality.

Step-by-step explanation:

SAICA, the South African Institute of Chartered Accountants, has established a Code of Professional Conduct which details various professional services provided by its members. The services typically covered by such codes include but are not limited to:

• Audit and Assurance Services: Ensuring financial statements and records comply with statutory and regulatory requirements.
• Taxation Services: Preparing, advising, and assisting on tax-related matters.
• Advisory Services: Providing expert advice on a range of financial and business matters.

These services must be conducted with integrity, objectivity, professional competence, and due care, confidentiality, and professional behavior as stipulated by the code.