Significance of ethical conduct.

Australasian Business Intelligence, November, 2005

Byline: Stephen Harrison

Nov 11, 2005 (CA Charter - ABIX via COMTEX) -- One of the most important roles of the Institute of Chartered Accountants is to ensure that accountants act in the public interest. The position of the institute in this area is also evident in its relationship

with governmental agencies. When the Institute challenged the Australian Taxation Office's approach to the review of service

trusts, some commentators suggested that it was motivated by the self-interest of its members who are interested in protecting tax minimisation arrangements. This interpretation is unfair as the Institute did not defend the practice of abusing the permitted...