Student Ethics Support Tool - What to do when facing an ethical conflict?

What to do when facing an ethical conflict?



The professional accountant faced with any of the ethical dilemmas listed on the previous page is in a most uncomfortable position. What should he/she do?

The Code requires the accountant to respond to an issue and gives guidance on how they should consider a response.  Inaction or silence may well be a further breach of the Code. It advises us that, when faced with an ethical conflict the professional accountant should consider the following areas in making a plan of action to respond to the issue:

  • relevant facts
  • ethical issues involved
  • fundamental principles related to the matter in question (an ethical conflict often involves more than one fundamental principle)
  • established internal procedures
  • alternative courses of action