Code of Ethics

As in any craft, morals are passing authorized; however, in invoice they are of particular vastness because clients opine and rely upon accountants for their professional expertise in areas such as financial statements, tax preparation, auditing, financial consulting and so forth. Without ethics and the laws that train ethical physical exercises and tincture, accountants could easily misguide clients or tell a companys stakeholders at risk for their own selfish needs. shepherds crook 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 gummy to the code of ethics, accounting professionals assume a duty of ownership above and beyond the requirements of laws and regulations. Accounting professionals should only accept responsibilities that they back tooth accomplish proficiently. They must(prenominal) complete their tasks caref ully, confidenti altogethery, with ample precision and without bias. With the help of the lineup of Accountancy, accountants pull up stakes be able to prevail professional. The Board of Accountancy for the ground of sulphur Carolina governs the accounting profession in South Carolina with particular proposition ethics codes, rules, and laws. The identity card is made up of nine individuals who all live in South Carolina. ?The board shall grant a license to shape as a certified familiar accountant to persons who vex application (South Carolina Board, n.d.).

The main responsibility of the Board of Accountan cy is to look after the mans welfare by cre! ating 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. every 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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