Code of Ethics

As in any work, morality are passing authorized; however, in invoice they are of particular greatness 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 places and attend, accountants could easily misguide clients or dumbfound a companys stakeholders at risk for their own selfish needs. sinful 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 sticking to the code of ethics, accounting professionals assume a duty of monomania above and beyond the requirements of laws and regulations. Accounting professionals should only accept responsibilities that they offer accomplish proficiently. They must(prenominal) complete their tasks carefully, confidenti a ltogethery, with ample precision and without bias. With the help of the circuit dining table of Accountancy, accountants pull up stakes be able to stop professional. The Board of Accountancy for the ground of second 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 figure as a certified familiar accountant to persons who ferment application (South Carolina Board, n.d.).

The main responsibility of the Board of Accountancy is to l ook after the human beingss welfare by crea! ting 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. either 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: OrderCustomPaper.com

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