Code of Ethics

As in any occupation, morals are extremely authorized; however, in invoice they are of particular grandness because clients opine and rely upon accountants for their professional expertise in areas such(prenominal) as financial statements, tax preparation, auditing, financial consulting and so forth. Without ethics and the laws that train ethical approach patterns and play, accountants could easily misguide clients or compose a companys stakeholders at risk for their own selfish needs. outlaw behavior such as in the case of Enron and Arthur Anderson would be exclusively too common as greedy managers and unprincipled accountants get the picture up their financial impropriety. By sticky to the code of ethics, accounting professionals assume a duty of ownership above and beyond the requirements of laws and regulations. Accounting professionals should only accept responsibilities that they goat accomplish proficiently. They must(prenominal) complete their tasks car efully, confidenti altogethery, with ample precision and without bias. With the help of the identity card of Accountancy, accountants pull up stakes be able to duty tour professional. The Board of Accountancy for the ground of sulfur Carolina governs the accounting profession in South Carolina with particular proposition ethics codes, rules, and laws. The batting order is made up of nine individuals who all live in South Carolina. ?The board shall grant a license to give as a certified familiar accountant to persons who cast off application (South Carolina Board, n.d.).

The main responsibility of the Boa rd of Accountancy is to look after the univ! ersals welfare by creating and implementing standards of measure and accounting practice of person certified as CPAs. any accountants residing in South Carolina are required to follow the guidelines decline by the board. every(prenominal) members need to monitor and enforce the rules upon all persons within their control. In the state of South Carolina, accountant-client privilege is provided. A CPA public accountant practicing in South Carolina is required... If you emergency to get a full essay, order it on our website: OrderCustomPaper.com

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