Ethical Principles in Accounting

Question 1

What are ethics?

Answer 1

Ethics maybe described as the morals governing human behaviour. Professional ethics are more clearly defined an offer referred to as a code of behaviour considered correct for specific group association or profession.

Question 2

What are the factors that influence ethical views?

Answer 2

Culture law consequences and code of ethics

Question 3

What are the fundamental principles of ethical behaviour from the International standards board for accountants IESBA?

Answer 3

Integrity objectivity professional competence and due care confidentiality professional behaviour