Accountants Must Have High Professional Ethics

Essay

Accountants must have high professional ethics.List and briefly describe five ethical standards that management accountants subscribe to that,in your opinion,help maintain the impression that accountants are highly ethical.
The student should list any five of the following ethical standards:
Competence:
Each member has a responsibility to:
1.Maintain an appropriate level of professional expertise by continually developing knowledge and skills.
2.Perform professional duties in accordance with relevant laws,regulations,and technical standards.
3.Provide decision support information and recommendations that are accurate,clear,concise,and timely.
4.Recognize and communicate professional limitations or other constraints that would preclude responsible judgment or successful performance of an activity.