Topic Content:
- Definition of Accounting Ethics
- Meaning of Ethics
- Qualities of Accounting Ethics
What is Accounting Ethics?
Accounting ethics is the field of accounting which refers to the guidelines, consisting of judgment and moral values, that a professional needs to follow while practising accounting.
Accounting ethics can also be defined as a set of distinct guidelines needed by a business to maintain a clean balance sheet, accounting for their profit, losses, and expenses incurred and preventing it from mishandling financial reports and the statement must not be “biased”.
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