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CAS1501 Assignment 3 (COMPLETE ANSWERS) Semester 1 2025 (142818 ) - DUE 15 April 2025

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CAS1501 Assignment 3 (COMPLETE ANSWERS) Semester 1 2025 (142818 ) - DUE 15 April 2025; 100% TRUSTED Complete, trusted solutions and explanations. For assistance, Whats-App 0.6.7-1.7.1-1.7.3.9. Ensure your success with us... C1 Reflect on your CAS1501 journey. Describe in your own words in one full sentence how your encounter with CAS1501 is already influencing your own perspective of your future as an accountancy professional. C2.1 From ARTICLE 2 in the CASE STUDY, COPY one FULL SENTENCE indicating the FIRST wrongdoing of Fikile. Remember to add quotation marks. C2.2 From ARTICLE 4 in the CASE STUDY, COPY one FULL SENTENCE indicating A SECOND wrongdoing of Fikile. Remember to add quotation marks. C3.1 From ARTICLE 2 in the CASE STUDY, COPY the FULL SENTENCE containing the THREE charges against Fikile. Remember to add quotation marks. C3.2 From ARTICLE 2 in the CASE STUDY, COPY one FULL SENTENCE explaining HOW the wrongdoing was implemented by Fikile at KGMP. Remember to add quotation marks. C3.3 From ARTICLE 2 in the CASE STUDY, name the ONE wrongdoing the Eagles plan to prosecute Fikile for. C3.4 From ARTICLE 1 in the CASE STUDY, COPY one FULL SENTENCE containing KGMP’s summary of the three steps Fikile used to implement the wrongdoing at KGMP. Remember to add quotation marks. Using any source, find a definition of the meaning of the word “collusion” as used in ARTICLE 1. COPY the definition into your answer. Remember to add quotation marks. Provide the link (website address / URL) to the source of the definition in C3.5. C3.7 From ARTICLE 3 in the CASE STUDY, COPY ONE FULL SENTENCE explaining how his co-accused was involved in Fikile’s wrongdoing. Remember to add quotation marks. C3.8 From ARTICLE 3 in the CASE STUDY, COPY ONE FULL SENTENCE explaining how collusion was implemented. Remember to add quotation marks. C4.1 From ARTICLE 4 in the CASE STUDY, describe Fikile’s planned response to the charges. Use a full sentence and your own words. C4.2 Assume that the statements in ARTICLE 4 about the wrongdoings in the case study are correct. Considering your answer in C4.1, indicate whether or not you agree with Fikile’s planned response to the charges. Answer YES or NO. C4.3 In a full sentence using your own words, provide ONE reason motivating your answer in C4.2. Apply the content of Study unit 3.4.1 to the statements in ARTICLE 4. C4.4 In a full sentence using your own words, provide a SECOND reason motivating your answer in C4.2. Apply the content of Study unit 3.4.1 to the statements in ARTICLE 4. In a full sentence using your own words, provide a THIRD reason motivating your answer in C4.2. Apply the content of Study unit 3.4.1 to the statements in ARTICLE 4. In a full sentence using your own words, provide a FOURTH reason motivating your answer in C4.2. Apply the content of Study unit 3.4.1 to the statements in ARTICLE 4. C5.1 Assume that the statements about the wrongdoings in the case study are correct. Considering all your answers in C4, use Study unit 1.3.3.1 to describe Fikile’s perspective (viewpoint) about his actions and intended plea. Use a full sentence and your own words. C5.2 From Study unit 1.3.3.2, describe how Fikile may test (self-assess) the accuracy of his perspective in C5.1. Use a full sentence and your own words. C6.1 From ARTICLE 3 in the CASE STUDY, describe the relation between Fikile and his co- accused. Use a full sentence and your own words. From Study unit 1.3.4.2, describe how one’s PERSONAL choices are shaped. Use a full sentence and your own words. Considering your answers in C6.1 and C6.2, describe your conclusion about the outcome from the shaping of Fikile’s choices. Use a full sentence and your own words. Considering your answers in C6.1 and C6.2, specify the ONE INDIVIDUAL ROLE-PLAYER who likely influenced the shaping of Fikile’s choices the most. Considering all your answers in C6.1 to C6.4, provide your own reflection on the influence of the person in C6.4 on Fikile’s behaviour. Use a full sentence and your own words. C6.6 From ARTICLE 3 in the CASE STUDY, find ONE STATEMENT supporting your answer in C6.5. COPY the one FULL SENTENCE into your answer. Remember to add quotation marks. Assume that the statements about the wrongdoings in the case study are correct. Considering Study unit 1.3.4.3, state the ONE OVERALL BROADER consequence of Fikile’s actions. Apply the content of Study unit 1.3.4.3 to motivate your answer in C7.1. Use a full sentence and your own words. C7.3 From Article 2 paragraph f, COPY a sentence indicating how Fikile could get rich while being honest. Remember to add quotation marks. C7.4 From Article 2 paragraph f, COPY a sentence indicating how Fikile chose to get rich. Remember to add quotation marks. C7.5 Read Article 2 paragraph f. Reflect on the deeper message in the paragraph. Using Study unit 1.3.4.5, conclude whether Fikile encountered a dilemma. Answer YES or NO. .6 Give your FIRST motivation for your answer in C7.5. Use a full sentence and your own words. Apply the content of Study unit 1.3.4.5. C7.7 Give your SECOND motivation for your answer in C7.5. Use a full sentence and your own words. Apply the content of Study unit 1.3.4.5. C7.8 Read Article 2 paragraph f. Reflect on the deeper message in the paragraph. Using Study unit 3.5, name ONE factor that was present in Fikile’s situation. Using Article 2 paragraph f and Study unit 3.5, motivate your answer in C7.8. Use a full sentence and your own words. C7.10 Read Article 2 paragraph f. Reflect on the deeper message in the paragraph. Using Study unit 3.5, name A SECOND factor that was present in Fikile’s situation. Using Article 2 paragraph f and Study unit 3.5, motivate your answer in C7.10. Use a full sentence and your own words. C7.12 Read Article 2 paragraph f. Reflect on the deeper message in the article. Using Study unit 3.5, name A THIRD factor that was present in Fikile’s situation. Using Article 2 paragraph f and Study unit 3.5, motivate your answer in C7.12. Use a full sentence and your own words. From Study unit 1.3.4.1 COPY a full sentence describing the KEY responsibility of an accountancy professional. Remember to add quotation marks. C8.2 Article 1 states: “Meanwhile, KGMP CEO Isaac Shaba, added that the professional accountancy firm takes a zero-tolerance approach to unethical behaviour.” From Study unit 2.2.1.1 COPY the name of the ONE role that is protected by the approach of KGMP. Remember to add quotation marks. Using Study unit 2.2.1.1c, explain how the role in C8.2 could be compromised (thus what could happen) when KGMP becomes more lenient about unethical behaviour. Use a full sentence and your own words. Using Study unit 2.2.1.1a, explain how the role in C8.2 could be compromised (thus what could happen) when KGMP becomes more lenient about unethical behaviour. Use a full sentence and your own words. 5 Consider Study unit 2.2.3.1. Mention where the role in C8.2 fits in AND motivate your answer. Use a full sentence and your own words. C8.6 Article 1 states: “Meanwhile, KGMP CEO Isaac Shaba, added that the professional accountancy firm takes a zero-tolerance approach to unethical behaviour.” The headings of the sub- sections in Study unit 2.2.7.3 each mention a specific characteristic of a professional. C8.7 Article 1 states: “Meanwhile, KGMP CEO Isaac Shaba, added that the professional accountancy firm takes a zero-tolerance approach to unethical behaviour.” Motivate your choice in C8.6. Use a full sentence and your own words. Use the quotation form Article 1 and the content of the sub- section linked to your choice in C8.6 as basis for your motivation. C8.8 Consider your knowledge of Fikile’s wrongdoings. From Study unit 2.2.7.3f name the ONE PRINCIPLE breached by Fikile. C8.9 Using your knowledge of Fikile’s wrongdoings and Study unit 2.2.7.3f, motivate your choice in C8.8. Use a full sentence and your own words.

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CAS1501
Assignment 3 Semester 1 2025
Detailed Solutions, References & Explanations

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."




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Disclaimer
Great care has been taken in the preparation of this document; however, the contents are provided "as is" without any express or
implied representations or warranties. The author accepts no responsibility or liability for any actions taken based on the
information contained within this document. This document is intended solely for comparison, research, and reference purposes.
Reproduction, resale, or transmission of any part of this document, in any form or by any means, is strictly prohibited.

, +27 67 171 1739



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

Disclaimer
Great care has been taken in the preparation of this document; however, the contents are provided "as is"
without any express or implied representations or warranties. The author accepts no responsibility or
liability for any actions taken based on the information contained within this document. This document is
intended solely for comparison, research, and reference purposes. Reproduction, resale, or transmission
of any part of this document, in any form or by any means, is strictly prohibited.
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