There’s no room for blurring ethical rules in accounting profession

09 Oct 2017 5:03 PM | Editor (Administrator)

via Business Day, South Africa

The massive public opinion backlash experienced by politically implicated persons in the accounting profession, demonstrates the risk of reputational damage when the fundamental principles guiding professionals in the accounting sector fall by the wayside.

These fundamental principles of the Code of Professional Conduct and Ethical Behaviour include integrity, professional behaviour, due care, competence and objectivity. When these fundamental principles are violated through the conduct of professional accountants, then questions are raised about the value and quality of the work they have performed.

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