💼 Importance of Ethics:
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Accountants are trusted with sensitive financial information
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Stakeholders rely on accurate, honest reporting
📌 Ethical Principles:
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Integrity: Be truthful and transparent
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Objectivity: Avoid conflicts of interest
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Confidentiality: Do not share client or business data
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Professional Behavior: Follow legal and professional rules
🔍 Example:
Falsifying revenue to impress investors = Unethical and illegal