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Ethics in Accounting Assignment

   

Added on  2020-05-28

10 Pages1986 Words154 Views
Running head: NEED OF ACCOUNTANTS TO BE ETHICALNEED OF ACCOUNTANTS TO BE ETHICALName of the StudentName of the UniversityAuthor note:

1NEED OF ACCOUNTANTS TO BE ETHICALEXECUTIVE SUMMARYIn the following paragraph, a detailed discussion is done about the need of accountants to beethical in their professional fields. The consequences of unethical accounting practices arealso understood with examples. Some measures to maintain code of conduct in accountancyis discussed as well. It is concluded that it is very necessary for accountants to beprofessionally ethical in order to maintain healthy economic scenarios.

2NEED OF ACCOUNTANTS TO BE ETHICALTable of ContentsINTRODUCTION......................................................................................................................3DISCUSSION............................................................................................................................3WHY AN ACCOUNTANT NEEDS TO BE ETHICAL......................................................3LITERATURE REVIEW.......................................................................................................4OFFICIAL STANDARDS OF ACCOUNTING...............................................................5INTEREST CONFLICT AND DISCLOSURE.................................................................6CODES OF CONDUCT IN ACCOUNTANCY...............................................................6AUSTRALIAN CODE OF CONDUCT IN ACCOUNTANCY.......................................6CONCLUSION..........................................................................................................................7REFERENCE:............................................................................................................................8

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