Checkpoint Ethics in the accounting Profession

Checkpoint Ethics in the accounting Profession - chapter?...

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Checkpoint: Ethics in the Accounting Profession 13. Is a professional accountant a business person pursuing profit or a fiduciary that is to act in the public interest? A professional accountant is a business person that is acting as a fiduciary that is to act in the public interest. Accountants must up hold higher ethical standards than most professions; which means confidence when managing money between several different parties. 14. Why is it important for a professional accountant to understand the ethical trends discussed in this
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Unformatted text preview: chapter? It is important for an accountant to understand the ethical trends because it gives them the knowledge to make the right ethical choices. It also gives them the information needed to protect the company they work for and also the companys shareholders. An accountants number one asset is his or hers high ethical standards....
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