The meaning for acting on public interest for an accountant refers to the dedication to serving the public welfare. This is through objective analysis of the public policy.
Acting in the public interest means making decisions or taking actions that benefit the broader community rather than individual interests or profit. This often involves prioritizing transparency, fairness, and the welfare of society as a whole, especially in areas such as governance, policy-making, and corporate responsibility. It requires considering the needs and rights of diverse populations and striving for outcomes that promote social good, equity, and sustainability.
Accounting is political in nature as final information from accounting reports has impact on the general public, whether it be a public or private company.
Pluralist Theory
The purpose of the Financial Accounting Standards Board is to develop (GAAP) generally accepted accounting principles in the US that are in the public's interest.
To act in public interest is to do that which is to the benefit of the public.
What do you understand by acting in the public interest
If someone is acting in the public interest, they are making decisions and acting in a way that benefits the community as a whole whether or not it benefits them personally. In a perfect world, all elected officials would act in this manner.
The meaning for acting on public interest for an accountant refers to the dedication to serving the public welfare. This is through objective analysis of the public policy.
If someone is acting in the public interest, they are making decisions and acting in a way that benefits the community as a whole whether or not it benefits them personally. In a perfect world, all elected officials would act in this manner.
cases filed by individuals on matters of public interest
Her interest included, acting, & dancing.
The Public Interest was created in 1965.
Public interest groups do advocate for what they consider to be the public good.
FEDECOR is a public interest group
Commitment to public interest is when you care about your community. Many politicians talk about being committed to public interest.
The role of student or any other civic minded individuals would be to act as a check and balance on public or semi public institutions that they are maintaining adequate 'good governance'. Good Governance would best be described as acting in the interest of the entities that they are entrusted to manage/ look after. So a student would be best placed to check view and assess whether these individuals are acting in their personal self interest or in the interest of the bodies that they are purporting to supervise.