Accounting

?
  • Created by: NaviKaur
  • Created on: 01-03-16 19:29
what are Ethics and Ethical values?
ethics are a set of moral principles that guide behavior. ethical values are assumptions and beliefs about what constitutes 'right and wrong' behavior.they are held by individuals and organisation in business.
1 of 5
why are ethical values important personally in business?
they tell us what is right and wrong and how we should behave. also help us deal with situations as they come up.
2 of 5
what are professional ethics??
they are the views and rules of the professional organisation that an individual is member of.
3 of 5
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,
4 of 5
what are the objectives of the accountancy profession?
the mastering of particular skills and techniques, development of an ethical approach to work, achieving acceptance of the public
5 of 5

Other cards in this set

Card 2

Front

why are ethical values important personally in business?

Back

they tell us what is right and wrong and how we should behave. also help us deal with situations as they come up.

Card 3

Front

what are professional ethics??

Back

Preview of the front of card 3

Card 4

Front

what are the duties of a professional accountant to behave ethically?

Back

Preview of the front of card 4

Card 5

Front

what are the objectives of the accountancy profession?

Back

Preview of the front of card 5

Comments

No comments have yet been made

Similar Accounting resources:

See all Accounting resources »See all ethics resources »