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The Code of Ethics of the Institute of Chartered Accountants

question 32

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The Code of Ethics of the Institute of Chartered Accountants Scotland applies to:


Definitions:

Legitimacy

Legitimacy in sociopolitical terms refers to the recognition and acceptance of an authority, often a governing law or régime, as rightful and valid.

Authority Figures

Individuals who hold power or authority in a society, often responsible for making decisions and enforcing rules.

Leadership Style

The manner and approach of providing direction, implementing plans, and motivating people within organizations or groups.

Contemporary Society

Modern society or the societal conditions that exist in the present time, often characterized by technological advancement and social change.

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