Accounting ethics

Author: [British] Jack Morris, edited by Gui Jiangsheng, translated by Gui Jiangsheng
Publisher:
Publish Date: 2003-12-01
Features: In the past 25 years, the ethical standards of the accounting profession have undergone significant changes. This transformation is not only driven by the need to adapt to social, economic, and political shifts but also by the inherent requirements of the profession's own development. Outdated competition and advertising rules have been relaxed. New, clearer thinking has been introduced into the ethical guidelines on objectivity and independence. New practice areas have become mainstream, giving rise to many new ethical issues. An increasing number of professional accountants are employed by businesses rather than practicing independently. How can the group ethics of accountants be linked to broader commercial ethical demands? The purpose of this book is to provide a timely, detailed, and comprehensive discussion of ethical issues in accounting. In the past 25 years, the ethical standards of the accounting profession have undergone significant changes. This transformation is not only driven by the need to adapt to social, economic, and political shifts but also by the inherent requirements of the profession's own development. Outdated competition and advertising rules have been relaxed. New, clearer thinking has been introduced into the ethical guidelines on objectivity and independence. New practice areas have become mainstream, giving rise to many new ethical issues. An increasing number of professional accountants are employed by businesses rather than practicing independently. How can the group ethics of accountants be linked to broader commercial ethical demands? Jack Morris analyzes these issues in an accessible, straightforward, and humorous manner. The book traces the evolution of ethical guidelines for accountants to enhance readers' understanding of modern ethical standards. The discussion covers professional confidentiality, practice improvement, changes in professional delegation, the international standing of British ethical guidelines, and mandatory international requirements in this area. This book is written for accounting professionals and students of accounting. It may also be helpful for other employees in businesses and professionals who work closely with accountants on a daily basis.