What are Accountancy Ethics?
Onwuka Florence Udochukwu, Accountant, Nigeria, Member
Ethics or moral is used to determine what is right or good.
Ethics include the study of what people ought to pursue, that what is good for people, or alternatively, the determination of which actions are the right actions for people to perform.
The word 'ethics' then refers generally to the study of whatever is right and good for humans.
Ethics of accounting profession is therefore the evaluation of accounting practices. Ethical behavior requires an assessment of whether a decision is right or wrong, given values of society.