Accounting Ethics Flashcards
1
Q
What are the accounting ethics ?
A
Integrity
Objectivity
Professional competence& due care
Confidentiality
Professional behavior
2
Q
What is integrity ?
A
This is straightforward and honesty in profesional and business relationships.
3
Q
What is Objectivity ?
A
This is being free from favoritism,bias or self-interest
4
Q
What is professional competence & due care?
A
This is having knowledge & skills to provide reliable services to their clients and employees.
5
Q
What is Confidentiality?
A
This is keeping clients information private and only disclosing it with the clients permission.
6
Q
What is professional behavior?
A
This is to comply with the revenant laws and regulations.
