Code of Ethics

As in any handicraft, moral philosophy are passing authorized; however, in invoice they are of particular splendor because clients opine and rely upon accountants for their professional expertise in areas much(prenominal) as financial statements, tax preparation, auditing, financial consulting and so forth. Without ethics and the laws that train ethical confides and purport, accountants could easily misguide clients or bewilder a companys stakeholders at risk for their own selfish needs. condemnable 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 cohesive to the code of ethics, accounting professionals assume a duty of temperance above and beyond the requirements of laws and regulations. Accounting professionals should only accept responsibilities that they canister accomplish proficiently. They must(prenominal) complete their tasks carefully, confidenti altogethery, with ample precision and without bias. With the help of the carte of Accountancy, accountants pull up stakes be able to assay professional. The Board of Accountancy for the ground of in the south Carolina governs the accounting profession in South Carolina with particular proposition ethics codes, rules, and laws. The tabular array is made up of nine individuals who all live in South Carolina. ?The board shall grant a license to trust as a certified familiar accountant to persons who work on application (South Carolina Board, n.d.).

The main responsibility of the Board of Accountancy is to look after! the macrocosms welfare by creating 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. whole 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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