Accounting

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  • Created by: NaviKaur
  • Created on: 01-03-16 19:29

1. what are the objectives of the accountancy profession?

  • rendering services the highest standards.
  • the mastering of particular skills and techniques, development of an ethical approach to work, achieving acceptance of the public
  • acknowledgment of duties to society and objective outlook.
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2. what are the duties of a professional accountant to behave ethically?

  • 1- avoid conflict of interests , be objective and act in the public interest as your responsibility is not exclusively to satisfy the needs of an individual, keep sensitive information confidential,
  • be straightforward and honest in professional and business relationship
  • maintain professional knowledge, behaviour and skills at the level required by a client and employer.
  • act within spirit and letter of the law so as not to bring the profession into disrepute.

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