Out of the '88 TBI Camaro section, the first test is to use a scan tool at idle to watch for knock.
If you don't have a scan tool, (or probably winALDL) the rest of the test procedures are not going to help you much, as most all call for the scanner to be hooked up while testing.
About the only tests you can replicate are checking to make sure most wires aren't shorting to ground, and making sure all connections are tight...ESC module, knock sensor, and at the ECM. (doubt the ECM connection is a problem, you'd have more issues) The only specifics I can offer from *this* manual for an intermittent code 43, is to check circuit 485 (pin "C" on the ESC module in this diagram) for possible short to ground.
As you mentioned it is only when accelerating, I seriously doubt there is a short to ground, but again, to test actual knock, you've got to have a scanner. My interpretation of the manual indicates it will trip the light if knock (low voltage on circuit 485) is seen for 5 seconds.