In today advanced economic world, accounting is a vital profession since the current economic system could not exist without this element. It is a technique and practice in accounting profession that has been formulated to contribute to individuals in order to track the effect of their economic transactions. The sense of accountability to the public is the paramount distinctive feature of accounting profession with other occupations. There are many expectations in this filed by people and society from providers of these services and people should trust in quality of the presented services by accountants and auditors. Thus, the presented information by accountants should be noticeably effective, reliable, real, and objective.Due to necessity of work division and expert nature of affairs, these ethics become more integrated every day and play their role in improving public welfare for communities.