Accounting Ethics Free Essay Example, 3750 words

History of the issues Ethics are a very important issue in case of maintaining accounts in a professional way. History says that this kind of accounting practices provide moral value and prevent anyone to do any kind of injustice. Every professional accountant should have the ethical knowledge otherwise they will be unable to know what is right and what is wrong. Ethics provide disciplinary action to do the accounting work in a proper and accurate way. The accounting skill will also enhance by using the ethical factors. At the same time, a good reputation can be built by any accountant for practicing ethical knowledge in the accounting system. Work pressure will also be reduces by such kind of practices because chances of doing wrong entries will be omitted totally if someone will follow the ethical guidelines for keeping accounting records. Now another more important problem can also be solved by this issue. From the very past doing fraud in accounting entries is a very common prob lem. Ethical factors can build strength within an organization which will help to prevent such kind of practices. We will write a custom essay sample on Accounting Ethics or any topic specifically for you Only $17.96 $11.86/page Such kind of practices will maintain the stable professional work environment in any organization. The major duty of an accountant is to maintain the settled guidelines of ethical issues by any organization where they are involved.