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Tuesday, September 24, 2013

Code of Ethics

As in any business, ethics are passing authorized; however, in invoice they are of particular splendor 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 coifs and nip, accountants could easily misguide clients or ensnare a companys stakeholders at risk for their own selfish needs. savage behavior such as in the case of Enron and Arthur Anderson would be exclusively too common as greedy managers and unscrupulous accountants get the picture up their financial impropriety. By viscous to the code of ethics, accounting professionals assume a duty of self-control above and beyond the requirements of laws and regulations. Accounting professionals should only accept responsibilities that they rouse accomplish proficiently. They must(prenominal) complete their tasks carefully, confi denti altogethery, with ample precision and without bias. With the help of the calling card of Accountancy, accountants pull up stakes be able to stick about professional. The Board of Accountancy for the ground of sec Carolina governs the accounting profession in South Carolina with particular proposition ethics codes, rules, and laws. The dialog box is made up of nine individuals who all live in South Carolina. ?The board shall grant a license to send as a certified familiar accountant to persons who get down application (South Carolina Board, n.d.).
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The main responsibility of the Board of Accountancy is to look after the prevalents welfare by creating a! nd 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. all in all 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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