Summary

In the last decade, the interest in accounting ethics education has been increased. Yet, significant gaps remain the fact that the principles, rules and virtues are often instructed separately. Merely few authors tackle the personality role of the relevant accounting presentation and accuracy regarding the financial reports, and the significance accounting reasoning in practical.

It should be understood however, that these sets of rules are minimum guidelines or criteria guidance, because the concrete actions of the public accountant or auditor in particular situations, lies in the general principles of codes themselves and the principles of ethical science enrolled in the within man. 

This Code of Ethics for Auditors is a code of professional ethics auditor, i.e. established and widely used in the conduct of the audit rules of conduct of the auditor and audit firm is not required by law.

As it is not possible to determine the rules of professional ethics for all situations and circumstances that can confront the auditor in the conduct of audit activities, the Code contains only the basic rules.

Table of Contents

Summary1

Introduction3

Discussion3

Importance of ethics in Accounting3

Accounting Ethic and Standards4

Conclusion and summary5

Recommendation6

Ethics in Accounting

Introduction

Ethics in the broad sense, deals with human behavior in relation to what is morally good and evil, right and wrong. This is the application of values ??to decision making. These values ??include honesty, fairness, responsibility, respect and compassion.

The focus on the code of ethics in business organization adhere the highest standards of ethical conduct. This is important in the accounting profession, where the business financial solution is directly based on the information and judgments, subject to their accountants. In this paper we will talk about the importance of ethics in accounting and basic principles of ethics in pursuing professional public accountants.

Discussion

For the purpose of accurate information on companies and individuals firms' auditors when making financial decisions, public statements and other business activities, it is important that the auditor follow the competent, neutral and accurate. Due to this, the importance of ethics in accounting, several organizations have formed to serve as watchdogs for ethical reporting. The American Institute of CPAs (AICPA) has a Code of Professional Conduct which offers advice regarding the tax consultants' ethical and unsafe situations. Beside this, the Institute of Management Accountants (IMA) and the Institute of Internal Auditors (IIA) also offers codes of ethics.

Importance of ethics in Accounting

The ethics of the project creates an atmosphere of confidence among clients and thus society. When you take an accountant in any project decisions unethical, benefiting at the expense of the rest of the group, does not hurt himself, but also detrimental to the facility itself, which will become questionable as no one can deal with the origin unethical in their dealings and prefer dealing with people and facilities that could to trust in its dealings with the public moral.

Trust: The Ethical behavior creates an area where the customer feels comfortable that he will be treated fairly.

Accounting Ethic and Standards

Ethics concerned with transparency in accounting and finance, ...