ethics in accounting

Ethics in accounting refers to the moral principles that guide accountants in their professional conduct. It's about ensuring honesty, integrity, and transparency in financial reporting and decision-making. Accountants must avoid conflicts of interest, provide accurate information, and adhere to laws and regulations. Ethical behavior builds trust with clients and the public, helping to maintain the integrity of financial markets. In essence, ethics in accounting ensures that financial statements reflect true conditions, promoting accountability and fairness in business practices.