What Is the Importance of Ethics in Accounting? 7 AICPA Principles

A&i Financials01 Nov, 2024Finance

Ethics in accounting is more than just a set of rules. It’s about doing what’s right even when no one is watching. When we talk about ethics in accounting, we’re referring to the moral principles that guide professional behavior. These principles are the backbone of trust, which is the foundation of the entire accounting profession. Without ethics, the numbers don’t mean much, and neither does the profession. But why is ethics so important in accounting? Let’s dive in.