CAS1501 LATEST EXAM
PACK 2025
QUESTIONS AND ANSWERS
For assistance contact
Email:
, lOMoARcPSD|31863004
Welcome to Study Unit 1.3 - Perspectives on PERSONAL ethics.
1.3.2 Learning outcomes and assessment criteria
This study unit guides a student’s ability to:
Demonstrate a foundational understanding of the application of perspectives on
PERSONAL ethics and personal citizenship, taking into account:
• the meaning of a perspective and how perspectives develop, impact one’s decisions
and actions and may be reframed
• the meaning of personal ethics and personal citizenship and their influence on one’s
decisions and actions, how one’s vices and virtues develop and become one’s values
and attitudes, how ethics and the law fit together, how ethical dilemmas should be
identified and managed, and the values required of a typical accountancy
professional
• the meaning of plagiarism, how it links to personal ethics and how one may manage
the risk of plagiarism
Demonstrate professional acumens, including:
• relational acumen – people skills: be responsive, valuing and tolerant of diversity and
differences in perspectives when responding to fellow students' views
• relational acumen – communication: clear and concise understanding of non-verbal
communication; business etiquette when responding to fellow students' views
• business acumen – display an understanding of basic corporate governance
principles
• critical thinking acumen – analysis of and reasoning about underlying issues and
how to resolve them
• digital acumen – express search terms for problems in a way that facilitates their
solving; use technology to master the online learning environment
Assessment criteria for Study unit 1:
By way of:
• quiz assessments,
• discussion forum activity assessments
• and /or written assessments:
▪ demonstrate all learning outcomes (see above), including by naming,
describing, identifying, motivating, reflecting on, applying,
demonstrating, resolving and comparing aspects of PERSONAL ethics
and personal citizenship and related challenges in the presence of
virtues and vices, the law, ethical dilemmas and plagiarism
▪ demonstrate business acumen – display an understanding of basic
business governance
▪ demonstrate communication acumen – display a clear and concise
understanding of non-verbal communication; display business
etiquette when responding to fellow students' views
, lOMoARcPSD|31863004
▪ demonstrate critical thinking acumen – display critical thinking when
dealing with case studies or scenarios
▪ demonstrate digital acumen – express search terms for problems in a
way that facilitates their solving; display the ability to navigate
technology in the online learning environment
Note: The marking rubric of each written assignment provides extensive detail explaining
how marks are awarded.
Where to now?
Next, 1.3.3 explains what the term perspective means in the context of the module.
Welcome to Study Unit 1.3 - Perspectives on PERSONAL ethics.
1.3.3 What is a PERSPECTIVE?
1.3.3.1 Our perspectives
CAS1501 is all about PERSPECTIVES.
But, what is meant by having a PERSPECTIVES?
Watch the following video to find out what a PERSPECTIVE is:
Play Video
Our PERSPECTIVES determine:
• How we see the world and all that happens around us
• How we interact with other people
Our PERSPECTIVES are influenced by:
• Religion
• Culture
• Life experiences, including family, community, education, work and social
All people have different beliefs and perspectives – all of which are partially true.
Perspectives give us an initial framework from which to view the world – a starting point
from which we can grow and learn more about ourselves.
Thus, our perspectives influence our future – we enter situations with pre-determined ideas
and views. These expectations determine how we experience situations. However, we can
change our perspectives. This can improve our lives and is known as reframing.
1.3.3.2 Reframing our perspectives
, lOMoARcPSD|31863004
Reframing means we change the way that we perceive a situation. For example, when we
perceive a situation as negative, we may reframe it by:
• asking ourselves: What can I change about this situation?
• asking ourselves: What is good about this situation?
• by imagining how others view the situation. This makes us more understanding of
others and it could reduce conflict.
Reframing could lead to more informed solutions, as we use our own and other peoples’
perspectives to get to a more neutral good solution.
Changing our perspectives requires courage and patience. To recondition one’s thinking and
train one’s brain to view situations in a good, neutral way does not happen overnight.
This ability to change our PERSPECTIVES assists us to:
• change our experiences
• solve problems and conflicts that come our way
• become a new improved version of ourselves
Where to now?
Next, 1.3.4 explains how the PERSONAL ethics of an accountancy professional protects the
public interest.
Welcome to Study Unit 1.3 - Perspectives on PERSONAL ethics.
1.3.4 Perspectives on PERSONAL ethics
1.3.4.1 Accountancy professionals and PERSONAL ethics
CAS1501 is all about becoming an accountancy professional.
An accountancy professional is a member of one of seven accountancy professions – this is
explained in Study unit 2.3.
The foundational role of all the accountancy professions is protecting
the interests of the public (society) .
This means that pure self-interest should never be the motivation of accountancy
professionals.
Accountancy professionals should always balance their own good with the good of
the public (society’s) interests.
PACK 2025
QUESTIONS AND ANSWERS
For assistance contact
Email:
, lOMoARcPSD|31863004
Welcome to Study Unit 1.3 - Perspectives on PERSONAL ethics.
1.3.2 Learning outcomes and assessment criteria
This study unit guides a student’s ability to:
Demonstrate a foundational understanding of the application of perspectives on
PERSONAL ethics and personal citizenship, taking into account:
• the meaning of a perspective and how perspectives develop, impact one’s decisions
and actions and may be reframed
• the meaning of personal ethics and personal citizenship and their influence on one’s
decisions and actions, how one’s vices and virtues develop and become one’s values
and attitudes, how ethics and the law fit together, how ethical dilemmas should be
identified and managed, and the values required of a typical accountancy
professional
• the meaning of plagiarism, how it links to personal ethics and how one may manage
the risk of plagiarism
Demonstrate professional acumens, including:
• relational acumen – people skills: be responsive, valuing and tolerant of diversity and
differences in perspectives when responding to fellow students' views
• relational acumen – communication: clear and concise understanding of non-verbal
communication; business etiquette when responding to fellow students' views
• business acumen – display an understanding of basic corporate governance
principles
• critical thinking acumen – analysis of and reasoning about underlying issues and
how to resolve them
• digital acumen – express search terms for problems in a way that facilitates their
solving; use technology to master the online learning environment
Assessment criteria for Study unit 1:
By way of:
• quiz assessments,
• discussion forum activity assessments
• and /or written assessments:
▪ demonstrate all learning outcomes (see above), including by naming,
describing, identifying, motivating, reflecting on, applying,
demonstrating, resolving and comparing aspects of PERSONAL ethics
and personal citizenship and related challenges in the presence of
virtues and vices, the law, ethical dilemmas and plagiarism
▪ demonstrate business acumen – display an understanding of basic
business governance
▪ demonstrate communication acumen – display a clear and concise
understanding of non-verbal communication; display business
etiquette when responding to fellow students' views
, lOMoARcPSD|31863004
▪ demonstrate critical thinking acumen – display critical thinking when
dealing with case studies or scenarios
▪ demonstrate digital acumen – express search terms for problems in a
way that facilitates their solving; display the ability to navigate
technology in the online learning environment
Note: The marking rubric of each written assignment provides extensive detail explaining
how marks are awarded.
Where to now?
Next, 1.3.3 explains what the term perspective means in the context of the module.
Welcome to Study Unit 1.3 - Perspectives on PERSONAL ethics.
1.3.3 What is a PERSPECTIVE?
1.3.3.1 Our perspectives
CAS1501 is all about PERSPECTIVES.
But, what is meant by having a PERSPECTIVES?
Watch the following video to find out what a PERSPECTIVE is:
Play Video
Our PERSPECTIVES determine:
• How we see the world and all that happens around us
• How we interact with other people
Our PERSPECTIVES are influenced by:
• Religion
• Culture
• Life experiences, including family, community, education, work and social
All people have different beliefs and perspectives – all of which are partially true.
Perspectives give us an initial framework from which to view the world – a starting point
from which we can grow and learn more about ourselves.
Thus, our perspectives influence our future – we enter situations with pre-determined ideas
and views. These expectations determine how we experience situations. However, we can
change our perspectives. This can improve our lives and is known as reframing.
1.3.3.2 Reframing our perspectives
, lOMoARcPSD|31863004
Reframing means we change the way that we perceive a situation. For example, when we
perceive a situation as negative, we may reframe it by:
• asking ourselves: What can I change about this situation?
• asking ourselves: What is good about this situation?
• by imagining how others view the situation. This makes us more understanding of
others and it could reduce conflict.
Reframing could lead to more informed solutions, as we use our own and other peoples’
perspectives to get to a more neutral good solution.
Changing our perspectives requires courage and patience. To recondition one’s thinking and
train one’s brain to view situations in a good, neutral way does not happen overnight.
This ability to change our PERSPECTIVES assists us to:
• change our experiences
• solve problems and conflicts that come our way
• become a new improved version of ourselves
Where to now?
Next, 1.3.4 explains how the PERSONAL ethics of an accountancy professional protects the
public interest.
Welcome to Study Unit 1.3 - Perspectives on PERSONAL ethics.
1.3.4 Perspectives on PERSONAL ethics
1.3.4.1 Accountancy professionals and PERSONAL ethics
CAS1501 is all about becoming an accountancy professional.
An accountancy professional is a member of one of seven accountancy professions – this is
explained in Study unit 2.3.
The foundational role of all the accountancy professions is protecting
the interests of the public (society) .
This means that pure self-interest should never be the motivation of accountancy
professionals.
Accountancy professionals should always balance their own good with the good of
the public (society’s) interests.
