Adam Proposes The Solution Samples †MyAssignmenthelp.com

Question: Discuss about the Adam Proposes The Solution. Answer: Depicting whether Adam proposes the solution is ethical or not: The solution that is provided by Adam is relevantly not ethical, as the overall solution is to manipulate the books for changing the relevant costs of production. The decision provided by Adam is not complying with International Federation of Accountants (IFAC) code, which could directly violate the fundamental principles of the code (Fakhfakh, 2013). Moreover, the decision taken by Adam directly violates the fundamental law such as integrity, professional behaviour, professional competence and due care. Hence, Adam should not use separate accounts for overhead costing approach, which directly violates the integrity in conducting fair deal and truthfulness in conducting business. Reference and Bibliography: Fakhfakh, M. (2013). The readability of standardised reports by the International Federation of Accountants.Journal of Commerce and Accounting Research,2(1), 10. Oulasvirta, L. (2014). The reluctance of a developed country to choose International Public Sector Accounting Standards of the IFAC. A critical case study.Critical Perspectives on Accounting,25(), 272-285.