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BBunmi Mercy 3 years ago
As finance professionals and accountants they are principles guiding our conduct and behaviour. Here are 5 fundamental principles of ethics we are expected to uphold:
1. Principle of Confidentiality: Information obtained as a result business relationship should be kept confidential. Such information should not be shared with 3rd parties except with proper authorization.
2. Principle of Integrity: As professionals we are expected to remain fair and honest in carrying out our duties.
3. Principle of Objectivity: As finance professionals we are to avoid any form of undue influence and bias in our business relationship.
4. Professional competence and due care: Finance professionals are expected to carry out their responsibilities with utmost expertise and knowledge such that clients receives utmost satisfaction and professional service.
5. Professional behaviour: We are expected to obey all statutory regulations and laws. We are to exclude ourselves from activities and actions that bring discredit to the profession.I believe these principles should not only guide us in our business relationship but also in every other aspect of our life.
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BBlessing uyeh 3 years ago
Very insightful. Thanks for sharing.