purpose of the law is to minimize losses, contain illicit or unethical practices of business activities. The law also grants rights to investors in the entities with public offerings, as money owners, to
International Federation of Accountants stipulated that it will not be considered as unethical behavior in terms of maintaining client's confidentiality. The code specified that accounting professions shall
Duty). One year from the day when the wrongful act and person bound to make compensation become known to the injured person, or ten years from the day when the wrongful act was committed. Breach of
estate to operate immoral or unlawful activities. *Leasing herein means granting a permission to use the property's space to and including providing services relating to a permission to use the property's
and causes damage. Insider Trading, Market Manipulation, and Fraud or Failure to perform duties (Fiduciary Duty). One year from the day when the wrongful act and person bound to make compensation become
directors must specify the criteria for favours which benefit the company. The criteria for allocation must not induce or lead to corruption or wrongful benefits to the company. CEO or MD makes a list of
company’s business profile, and they do not cause the company to engage in illegal or unethical conduct. 2.2.5 The board should ensure effective communication of the company’s objectives, goals, strategies