Accountants at some point in their career will net themselves having to gain a decision whether their site is ethical or not. Professional ethics is an necessary aspect of an accountant's job. As an accountant you have the commitment to each customer to exhibit competence, confidentiality, integrity, and credibility. Competence is where you must exhibit a level of professionalism as well as developing the knowledge and skills that you will need as an accountant. Confidentiality is when you as an accountant must preserve information confidential unless authorized or legally required to release client information. Integrity is when you must communicate with the associates to avoid any conflict of interests. Lastly there is credibility which is when you must communicate information in a reasonable and unbiased manner.
An ethical affirm could arise is in the firm you are working for. You could sight something that the firm or another employee is doing ethically cross. You may encounter an unethical behavior or conflict. For example if you were working for a firm and you leer that a co-worker is withholding money from the firm. When you are faced with this you should try and follow you firm's polices to try and determine the enlighten. For example a policy that a firm may have would possess something along the lines of stating that each employee has the reasonability to conduct a professional and ethical business practice with integrity, confidentially, credibility, and competence. It may also state you in whom you may need to talk to if an unethical space does occur. If your firm does not have a policy you should mediate discussing the position with your supervisor. If you feel that your supervisor is alive to in the dwelling then you must go to the next level of management.
If trying to determine an ethical relate, you as an employee must understand the firms business and strategies. If you feel that you may be at risk of the ethical conflict then you should also contact your personal attorney. This is because your personal attorney can scream you as to what is best for you to do in a particular site. They will also have your best interest, and if you feel as though you can not continue to work for your firm any longer then you should give your firm your sight and leave. At times if the set is pressing and concerns you then this may be your best bet.
Accountants are known and respected for their honesty; by showing their integrity and competence. This is why it is principal for all accountants and their firms to point to and practice a qualified ethical practice. Ethical and professional responsibility is something that should be reveal and taken seriously. There are plenty of businesses that did not explain these things and are now no longer in business. A apt example of this is a business by the name of Enron Corporation. This financial scandal eager their accounting firm and what happened was that there was an involvement of curious accounting procedures and caused Enron to go bankrupt. The unethical teach in this case involves an accountant and what they did was shred document that were keen in the audit of Enron and this accountant was convicted and forced to surrender its CPA licenses. This is a prim example of what could happen if eager in an unethical state. This is also a fine example of why it is notable for all accountants to follow and practice respectable ethical values, because you do not want to demolish you like the accountant in the Enron case.
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