Category: ACCA

Mary Guy Model Ethical Decision Making

Mary Guy model Mary Guy  Model listed a checklist for decision making in 1990. The values are honesty, accountability, caring, loyalty, respect for others, the pursuit of excellence, integrity and responsible citizenship. The Mary Guy model also suggested the five rules which integrate these values and help in decision making; Rule 1: Consider the wellbeing

IAS 7 Statement of Cash Flows

IAS 7 Statement of Cash Flows IAS 7 Statement of Cash Flows requires an entity to present a statement of cash flow in its financial statements, cash flows classified into different categories; a) Cash flow from operating activities b) Cash flow from investing activities or financing activities. IAS 7 Statement of Cash Flows applied on the