Explain the principle of consequentialism


Problem

• What are the purposes of a Code of Ethics for professional accountants? Are there any fundamental principles that the professional accountants should comply with?

• Explain the principle of Consequentialism and analyse how this will impact the relations between the board of directors and other stakeholders in the future

• How Corporate Governance differ in the private and public sector in Mauritius? Explain your answer by giving appropriate examples.

• Are there any specific conditions in relation to corporate governance that can be considered in our country?

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Financial Accounting: Explain the principle of consequentialism
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