Can you identify any potential problems or criticisms of the principles outlined in the conceptual framework in the case?
Do you think using these principles would be interpreted and applied consistently between individual accountants in determining whether an action is ethical?
How effective do you think such a framework is in (a) ensuring accountants act ethically and (b) enforcing or penalising unethical behaviour.
Would a set of specific rules about what constitutes ethical and unethical behaviours in specific circumstances be more or less useful than the principles in the code of conduct outlined?