Discussion Topic

Why in Accounting Profession maintenance of ethics is important? Explain.

Why in Accounting Profession maintenance of ethics is important? Explain.

by Faisal Khan Tushar -
Number of replies: 0

 In accounting ethics is an important topic because, as accountants, the key personnel one will access the financial information of individuals and entities. Such power also involves the potential and possibilities for abuse of information or manipulation of numbers to enhance company perceptions or enforce earnings management. Ethics is also absolutely required in the course of an audit. Without meeting the requirements of auditing and accounting ethics, an audit must instantly be paused.