CAS1501
Assignment 3 Semester 1 2025
Unique Number: 142818
Due Date: 15 April 2025
C1. Reflect on your CAS1501 journey.
My experience with CAS1501 has made me realise how crucial ethical decision-making
and professional responsibility are in the accounting field, and I am more determined to act
with integrity and accountability in my future role as an accountancy professional.
C2.1 From ARTICLE 2 – First Wrongdoing
"KGMP employee Fikile Maake is accused of being dishonest as he allegedly stole R16.5m
of bursary funds meant for university students."
C2.2 From ARTICLE 4 – Second Wrongdoing
"It, however, emerged that Maake reportedly did not inform his current employers that he
was fired by KGMP as Maake allegedly fraudulently stated in his job application at
Denbank that he resigned from KGMP."
DISCLAIMER & TERMS OF USE
Educational Aid: These study notes are intended to be used as educational resources and should not be seen as a
replacement for individual research, critical analysis, or professional consultation. Students are encouraged to perform
their own research and seek advice from their instructors or academic advisors for specific assignment guidelines.
Personal Responsibility: While every effort has been made to ensure the accuracy and reliability of the information in
these study notes, the seller does not guarantee the completeness or correctness of all content. The buyer is
responsible for verifying the accuracy of the information and exercising their own judgment when applying it to their
assignments.
Academic Integrity: It is essential for students to maintain academic integrity and follow their institution's policies
regarding plagiarism, citation, and referencing. These study notes should be used as learning tools and sources of
inspiration. Any direct reproduction of the content without proper citation and acknowledgment may be considered
academic misconduct.
Limited Liability: The seller shall not be liable for any direct or indirect damages, losses, or consequences arising from
the use of these notes. This includes, but is not limited to, poor academic performance, penalties, or any other negative
consequences resulting from the application or misuse of the information provided.
, For additional support +27 81 278 3372
C1. Reflect on your CAS1501 journey.
My experience with CAS1501 has made me realise how crucial ethical decision-
making and professional responsibility are in the accounting field, and I am more
determined to act with integrity and accountability in my future role as an
accountancy professional.
C2.1 From ARTICLE 2 – First Wrongdoing
"KGMP employee Fikile Maake is accused of being dishonest as he allegedly stole
R16.5m of bursary funds meant for university students."
C2.2 From ARTICLE 4 – Second Wrongdoing
"It, however, emerged that Maake reportedly did not inform his current employers
that he was fired by KGMP as Maake allegedly fraudulently stated in his job
application at Denbank that he resigned from KGMP."
C3.1 From ARTICLE 2 – Three Charges
"Maake appeared in the commercial crimes court charged with theft, fraud and
money laundering."
C3.2 From ARTICLE 2 – How the Wrongdoing Was Implemented
"Maake [allegedly] misdirected funds meant for bursary recipients; instead of paying
university fees on behalf of students, the accused paid the money into bank
accounts belonging to friends and people who own companies, and the money was
then transferred to his personal bank account."
C3.3 Wrongdoing the Eagles Plan to Prosecute For
Money laundering
Assignment 3 Semester 1 2025
Unique Number: 142818
Due Date: 15 April 2025
C1. Reflect on your CAS1501 journey.
My experience with CAS1501 has made me realise how crucial ethical decision-making
and professional responsibility are in the accounting field, and I am more determined to act
with integrity and accountability in my future role as an accountancy professional.
C2.1 From ARTICLE 2 – First Wrongdoing
"KGMP employee Fikile Maake is accused of being dishonest as he allegedly stole R16.5m
of bursary funds meant for university students."
C2.2 From ARTICLE 4 – Second Wrongdoing
"It, however, emerged that Maake reportedly did not inform his current employers that he
was fired by KGMP as Maake allegedly fraudulently stated in his job application at
Denbank that he resigned from KGMP."
DISCLAIMER & TERMS OF USE
Educational Aid: These study notes are intended to be used as educational resources and should not be seen as a
replacement for individual research, critical analysis, or professional consultation. Students are encouraged to perform
their own research and seek advice from their instructors or academic advisors for specific assignment guidelines.
Personal Responsibility: While every effort has been made to ensure the accuracy and reliability of the information in
these study notes, the seller does not guarantee the completeness or correctness of all content. The buyer is
responsible for verifying the accuracy of the information and exercising their own judgment when applying it to their
assignments.
Academic Integrity: It is essential for students to maintain academic integrity and follow their institution's policies
regarding plagiarism, citation, and referencing. These study notes should be used as learning tools and sources of
inspiration. Any direct reproduction of the content without proper citation and acknowledgment may be considered
academic misconduct.
Limited Liability: The seller shall not be liable for any direct or indirect damages, losses, or consequences arising from
the use of these notes. This includes, but is not limited to, poor academic performance, penalties, or any other negative
consequences resulting from the application or misuse of the information provided.
, For additional support +27 81 278 3372
C1. Reflect on your CAS1501 journey.
My experience with CAS1501 has made me realise how crucial ethical decision-
making and professional responsibility are in the accounting field, and I am more
determined to act with integrity and accountability in my future role as an
accountancy professional.
C2.1 From ARTICLE 2 – First Wrongdoing
"KGMP employee Fikile Maake is accused of being dishonest as he allegedly stole
R16.5m of bursary funds meant for university students."
C2.2 From ARTICLE 4 – Second Wrongdoing
"It, however, emerged that Maake reportedly did not inform his current employers
that he was fired by KGMP as Maake allegedly fraudulently stated in his job
application at Denbank that he resigned from KGMP."
C3.1 From ARTICLE 2 – Three Charges
"Maake appeared in the commercial crimes court charged with theft, fraud and
money laundering."
C3.2 From ARTICLE 2 – How the Wrongdoing Was Implemented
"Maake [allegedly] misdirected funds meant for bursary recipients; instead of paying
university fees on behalf of students, the accused paid the money into bank
accounts belonging to friends and people who own companies, and the money was
then transferred to his personal bank account."
C3.3 Wrongdoing the Eagles Plan to Prosecute For
Money laundering
