Discussion Topic

Why in Accounting Profession maintenance of ethics is important?

Why in Accounting Profession maintenance of ethics is important?

by Md. Shahriar Rahman -
Number of replies: 1
1. Ethics satisfies basic human needs. Every employee desires to work for an organization that is fair and ethical in its practices.

2. An Organization which has moral values is respected in the society by all kind of people, even by those who may have no information about organization.

3. It unites people and its moral values brings decision makers and the employees of an organization on common platform which goes a long way in aligning behaviors within the organization towards the achievement of one common goal or mission.

4. It improves decision making power because decisions are driven by values.

5. Organization guides by ethics and values are profitable in the long run, though at first they may seem to lose money.

In reply to Md. Shahriar Rahman

Re: Why in Accounting Profession maintenance of ethics is important?

by Shahana Kabir -
Good observations .Thanks for reply.