An ethical work culture is the cornerstone of trust and credibility. In the accounting profession, ethical practices exemplify proficiency and integrity.
Having an ethics statement is the foundation of your business operations, but it must serve as more than a moral compass — the statement must lead to decision-making and actions. Further, you’ll need strategies for safeguarding threats to compliance when you face ethical dilemmas in accounting. The AICPA’s conceptual framework approach is a comprehensive guide to promoting professional conduct