Specific questions

1 Can you identify any potential problems or criticisms of the principles outlined in the conceptual framework in this case?

2 Do you think using these principles would be interpreted and applied consistently between individual accountants in determining whether an action is ethical?

3 How effective do you think such a framework is in (a) ensuring accountants act ethically and (b) enforcing or penalizing unethical behavior?

4 Would a set of specific rules about what constitutes ethical and unethical behaviors in specific circumstances be more or less useful than the principles in the code of conduct outlined?

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