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Business, 30.04.2021 20:00 Maddy8368

In each of the following situations state the ethical principle of accounting that should be applied        by Seema, who works in a firm of accountants:

Seema is about to make a tax assessment for a client, but she has just been informed that the government has made changes to tax regulations.

A client has asked for depreciation charges to be reduced in the current income statement so that profits are shown at a higher
value

A friend has asked Seema whether it would be a good idea to invest some savings in a business that happens to be a client of the firm of accountants.

Seema has become aware that a fellow employee may not be acting in the best interests of one​

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