Zdravkoski, Igor (2017) Applying and Adhering to The Code of Ethics in Accounting and Reviewing Better Solutions. In: VI. IBANESS Conference Series, October, 28-29, 2017., Ohrid, Macedonia.
Abstract
With the introduction of novelties in the management of the market model and the establishment of the practice of a known owner, the need to achieve a higher level of security of capital is more than inevitable.
Therefore, accepting and respecting ethical norms in the operation of enterprises, especially with accountants and auditors, is of great importance.
In the Republic of Macedonia, professional ethics is in line with international frameworks and is incorporated in the legislation by a provision and application of the International Code of Ethics for Professional Accountants and Auditors.
The International Code of Ethics for Professional Accountants has been published by the International Ethics Standards Board of International Federation of Accountants (IFAC). It sets out the standards to be followed by professional accountants, and also sets out and the principles to which accountants must adhere. Ethics is defined as the rules of behavior, which are applied throughout everyday life. It decides whether certain actions are right or wrong. These actions and activities are the product of individual decisions. Some of these decisions may be illegal, the other part is not illegal, but it too may be unethical. Professional ethics is also a code of conduct that is applied in the work ie. in the practice of the profession.
In fact, the code has been made for all professional accountants, whether they are involved in the public sector, trade, industry, etc. They as members of the profession bear the responsibility to uphold to the highest ethical standards before society.
The International Federation of Accountants considers that due to national differences in language, culture, the legal and state system, ethical requirements are the main task of the members from each state and that they have the responsibility to introduce these ethical requirements.
Keywords: ethics, professional accountant, rules, behavior.
| Item Type: | Conference or Workshop Item (Paper) |
|---|---|
| Subjects: | Scientific Fields (Frascati) > Social Sciences > Economics and Business |
| Divisions: | Faculty of Economics |
| Depositing User: | Mr Dimitar Risteski |
| Date Deposited: | 18 Feb 2020 10:29 |
| Last Modified: | 18 Feb 2020 10:29 |
| URI: | https://eprints.uklo.edu.mk/id/eprint/3043 |
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