Ethics and Social Responsibility in the Accounting Profession

Abstract

The success and performance of a business are closely linked to the accountant's work, as their actions directly impact both the financial stability of the company and the broader economy. In a context where accounting is becoming increasingly complex, with large volumes of information and frequent legislative changes, managing data efficiently becomes challenging and raises several ethical dilemmas. Thus, it is essential to deeply analyze the ethical aspects of the accounting profession to understand their impact on economic entities and society as a whole. The importance of this research arises from the accountant's critical role in ensuring financial transparency and maintaining trust in the business environment. Ethical behavior is vital to prevent accounting fraud and ensure responsible financial practices. The International Code of Ethics for accountants sets fundamental principles, such as integrity, objectivity, confidentiality, and professional competence, to guide decision-making and prevent fraudulent activities. Adhering to these ethical standards is essential for maintaining public trust and the credibility of financial reporting. This study highlights how ethical compliance influences financial information quality, business decisions, and public confidence, making ethics an indispensable part of accounting for sustainable business practices. CZU: 174:657; JEL: M41