This document contains workings, explanations and solutions to the CAS1501 Assignment 6 (QUALITY ANSWERS) Semester 2 2024. For assistance whats-app us on 0.6.8..8.1.2..0.9.3.4.... C1 Reflect on your CAS1501 journey.
Describe in one full sentence how your encounter with CAS1501 is already influenc...
My encounter with CAS1501 has already influenced my perspective on
becoming an accountancy professional by highlighting the critical role of
personal ethics, integrity, and accountability in shaping a trustworthy and
responsible career in accountancy.
C2:
From the case study: "A South African organisation focused on Protecting the
Interests of Civic Society (PICS) laid criminal charges against Mr Gwarube for
violating his obligations in terms of both the Companies Act and the Public
Finance Management Act (PFMA)."
C3.1:
Charges are considered criminal when they involve an individual's actions that
violate the law, often harming society, the state, or specific individuals. In the
case study, Mr. Gwarube is accused of breaching the Companies Act and the
PFMA, acts that involve gross negligence, the abuse of power, and personal
financial gain at the expense of the public interest, which are all crimes under
South African law.
C3.2:
Reference: South African law regarding criminal acts under the Companies
Act and PFMA.
C4:
From the case study: "The charges against Mr Gwarube are based on leaked
emails highlighting Gwarube’s role in the sharing of sensitive KiloWatt
information in return for his own personal financial gain."
C5:
In the eyes of society, Mr. Gwarube compromised the required role by acting
in self-interest rather than prioritizing the public and the company's best
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