1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ostrovityanka [42]
1 year ago
11

summarize the five fundamental principles of ethics as articu- lated by the international ethics standards board for accountants

(iesba).
Social Studies
1 answer:
34kurt1 year ago
3 0

The International Ethics Standards Board for Accountants (IESBA) develops high-caliber, globally relevant ethical standards for professionals in the accounting field, including requirements for auditor independence.

<h3>What are the five core values of professional accounting ethics?</h3>

A revised Code of Ethics for Professional Accountants was published by the IESBA (previously the Ethics Committee) in June 2005. The updated Code creates a theoretical framework for all professional accountants to assure adherence to the following five core ethical principles:

  • Integrity - An accountant should always be straightforward and honest in all commercial and professional interactions.
  • Objectivity - A professional accountant should not permit prejudice, conflicts of interest, or excessive outside influence.
  • Professional Competence and Due Care - A professional accountant has a continuing duty to keep their knowledge and expertise at the level necessary to guarantee that a client or employer receives professional services that are competent and based on the most recent advancements in practice, law, and methodology. When offering professional services, a professional accountant should do it with diligence and by all relevant technical and professional standards.
  • Confidentiality: A professional accountant should uphold the confidentiality of information acquired through professional and business relationships and should not disclose any such information to third parties without proper and specific authorization unless there is a legal or professional obligation to do so. The professional accountant and other parties shall refrain from using private information gained as a result of business and professional relations for their benefit.
  • Professionalism: A professional accountant should adhere to all laws and regulations that are relevant and should refrain from any actions that can damage the reputation of the industry.

Learn more about IESBA: brainly.com/question/14305562

#SPJ4

You might be interested in
High levels of knowing and willful (mis)conduct are what Richard Walker and others at the SEC have argued should be the factor t
Ilya [14]

High levels of knowing and willful (mis)conduct are what Richard Walker and others at the SEC have argued should be the factor that causes the leadership at an investigated company to "flaunt the law".

4 0
3 years ago
Read 2 more answers
What are 3 important values of shang culture
Karo-lina-s [1.5K]
1. Family

2. Asking advice from Gods

3. Children respecting their parents.
6 0
3 years ago
Which number is closet to the location of the Great Barrier Reef
dmitriy555 [2]
The answer is 3, hope this helps!
5 0
3 years ago
Read 2 more answers
A tax on gasoline encourages people to drive smaller, more fuel-efficient cars. which principle of economics does this illustrat
Ilia_Sergeevich [38]

The correct answer is that people respond to incentives.

8 0
3 years ago
Read 2 more answers
Which statement about the northern states in the 1780sis accurate
ArbitrLikvidat [17]

They generally had less enslaved labor than the southern states.

8 0
3 years ago
Other questions:
  • Which region of nc is between tennessee and the Piedmont region
    5·1 answer
  • Although Jeff frequently exceeds the speed limit by at least 10 mph, he justifies his behavior by erroneously thinking that most
    11·1 answer
  • The antidiscrimination provisions of the AICPA's Acts Discreditable Rule cover violations for which of the following: A. Federal
    14·1 answer
  • What did europeans own when they migrated to north america
    9·2 answers
  • A space blank and travel to the moon and four days
    8·1 answer
  • A federal judge ruled that New York stop-and-frisk policy is a violation of which amendment​
    9·1 answer
  • The ____ component of an attitude is derived from feelings that an individual has about another person or situation.a. cognition
    10·1 answer
  • Explain the meaning of culture and give its details
    7·1 answer
  • How would the state economy most likely be impacted if all of its restaurants were able to reopen after being closed for six mon
    15·1 answer
  • Which of the following scenarios directly involves the Federal Reserve leadership?
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!