Question

The importance of ethics has increasingly been recognised in the business community and among professionals including accountants.

Critically discuss the importance of ethics to the professional accountants.

Answer 1

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Importants of etchice for professional | accounts The public interest on financial maltors depends on objectivity & Integrity of peofessional accountants Thee the biofessional accountant should comple ethices & code of condent The professional accountant deale with intimate individual or Organisation financial details. Thees ethics place vital role is safeguarding public trust, demonstrate honesty & integrity, enbance the profession efe The importance of ethics are 1) Confidentiality of secret information which shall not disclosed to public unless the authorised person agrees or law demands. a) Due care es completance to do the task in professional way.

The ethics required to complete the tast in diligent way. The professional accountant must Lacçlere contain knoledge & Stills 3) Independence cis fundemental matter to handle the iob Accountant must be free from conflicts, or questionable business. Isoin locus on & Integrity to honest with the be buccénacé & professional relationship Keeping utmost good faith of profession