Code of Ethics

As in any trading, ethics are highly authorized; however, in invoice they are of particular grandness because clients opine and rely upon accountants for their professional expertise in areas much(prenominal) as financial statements, tax preparation, auditing, financial consulting and so forth. Without ethics and the laws that train ethical radiation diagrams and tone, accountants could easily misguide clients or puke a companys stakeholders at risk for their own selfish needs. distressing behavior such as in the case of Enron and Arthur Anderson would be exclusively too common as greedy managers and unprincipled accountants get the picture up their financial impropriety. By viscid to the code of ethics, accounting professionals assume a duty of will power above and beyond the requirements of laws and regulations. Accounting professionals should only accept responsibilities that they give the sack accomplish proficiently. They must(prenominal) complete their tas ks carefully, confidenti altogethery, with ample precision and without bias. With the help of the circuit progress of Accountancy, accountants pull up stakes be able to adhere professional. The Board of Accountancy for the ground of siemens Carolina governs the accounting profession in South Carolina with particular proposition ethics codes, rules, and laws. The board is made up of nine individuals who all live in South Carolina. ?The board shall grant a license to practice as a certified familiar accountant to persons who befool application (South Carolina Board, n.d.).

The main responsibility of the Boa rd of Accountancy is to look after the cosm! oss welfare by creating and implementing standards of measure and accounting practice of person certified as CPAs. any accountants residing in South Carolina are required to follow the guidelines decline by the board. solely members need to monitor and enforce the rules upon all persons within their control. In the state of South Carolina, accountant-client privilege is provided. A CPA public accountant practicing in South Carolina is required... If you emergency to get a full essay, order it on our website: BestEssayCheap.com

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