Accounting ethics is primarily a field of applied ethics, the study of moral values and judgments as they apply to accountancy. It is an example of professional ethics.
Ethics of accounting information is providing accounting information to make good economic decisions in the financial statement of the organization.
Accounting aims to provide useful information for decision-making. For information to be useful, it must be trusted. Trustworthiness of information demands ethics in accounting.
The accountants and CPAs of an accounting should always practice sound moral judgment while delivering accounting services to other firms. Thus, the key ethics apply to an accounting firm are integrity, objectivity and independence and due care.
Steven M. Mintz has written: 'Instructor's manual and case notes for Cases in accounting ethics & professionalism' 'Ethical Obligations and Decision-Making in Accounting' 'Instructor's manual to accompany Cases in accounting ethics and professionalism'
Leonard J Brooks has written: 'Business & professional ethics for directors, executives & accountants' -- subject(s): Accountants, Accounting, Business ethics, Executives, Moral and ethical aspects, Moral and ethical aspects of Accounting, Professional ethics
Philip G. Cottell has written: 'Accounting ethics' -- subject(s): Accountants, Professional ethics
accounting code of ethics in the Philippines is basically the principles regarding the retention of the good reputation as a professional accountant.............that's all thank you
Much of philosophy is concerned with morals and ethics. Accoutancy is all about - or should be all about - ethical accounting of business transactions. The current malaise in the financial markets shows that morals and ethics have not been as prominent as they probably ought to have been in the minds of many people.
This led to the issuance of a state license to practice as a CPA and the emergence of accounting as a profession with education requirements, professional standards, and a code of professional ethics.
Ethic in accounting refers to doing only those things you can admit to doing in public. If you wouldn't want your name to be associated with it, then you shouldn't do it because it is likely unethical.
ReputationIntegrity and due carecompetenceobjectivityclient relations and confidentialityreporting breaches of conductunlawful activitiesfees and remunerationPublicity and advertisingDisciplinary procedures
A managerial accountant is a person who controls the financial information for a company. Ethics require that managerial accountants keep company financial records completely confidential, and they should objectively inform their clients of all relevant financial information.