ETHICS AND CONTINUING PROFESSIONAL DEVELOPMENT IN ACCOUNTING PROFESSION
DOI:
https://doi.org/10.5937/Rev1988055MKljučne reči:
code; challenges; education standards; public interestApstrakt
The accounting profession continue to face moral dilemmas and ethical challenges in everyday practice, although professional regulation is up-to-date innovated in line with the latest changes in the business environment. The topic of the paper are the latest changes in ethical regulation and standards of education of professional accountants. The biggest challenge of the accounting profession today is catching up with changes in professional regulation. The purpose of the paper is to give members of the accounting profession and those dealing with issues of ethics and education a better understanding of professional regulations that will begin to apply between 2020 and 2023.
Reference
*** (2010) The Dodd-Frank Wall Street Reform and Consumer Protection Act. in: 111th United States Congress, July 21 (2010)
*** (2014) Directive 2014/56/EU. Official Journal of the European Union, No. L 158/196
Accounting Professional and Ethical Standards Board (APESB) (2017) APES 110 Code of ethics for professional accountants
American Institute of Certified Public Accountants (AICPA) (2018) Code of professional conduct
Chartered Institute of Management Accountants (CIMA) (2017) Code of ethics for professional accountants
Dow, K.E., Watson, M.W., Shea, V.J., Kern, S. (2018) An accounting ethics case from multiple perspectives. Journal of Accounting Education, 43: 63-75
Institute of Internal Auditors (IIA) (2010) Code of ethics
International Ethics Standards Board for Accountants (IESBA) (2018) Final pronouncement: International code of ethics for professional accountants (including International independence standards)
International Ethics Standards Board for Accountants (IESBA) (2018) Revised code of ethics for professional accountants. https://www.iasplus.com/en/news/2018/04/iesba (01/08)
Mahdavikhou, M., Khotanlou, M. (2012) New approach to teaching of ethics in accounting: 'Introducing Islamic ethics into accounting education'. Procedia - Social and Behavioral Sciences, 46: 1318-1322
Neesham, C., Azim, M. (2017) Building ethical capability for accounting professionals: A needs analysis study. Swinburne University of Technology - Swinburne Business School, Final report
New Zealand Institute of Chartered Accountants (2017) Code of ethics
Ragatz, J. (2016) Fake accounts put focus on Wells Fargo culture. Financial Times, New York, September 9
Rossouw, D., Przesky, M., du Plessis, C., Prinsloo, F. (2010) Ethics for accountants and auditors. Oxford: Oxford University Press
Sheridan, T. (2017) IMA updates its ethics code for management accountants. https://www.accountingweb.com/practice/practice-excellence/ima-updates-its-ethics-code-for-management-accountants (03/09/2018)
Suzuki, D., Yamada, J. (2016) Accounting fraud and accounting standards: The case of Toshiba's fraudulent accounting. in: Proceedings of the 5th International Conference on Accounting, Auditing, and Taxation (ICAAT 2016)
The Institute of Management Accountants (IMA) (2017) Statement of ethical professional practice
The International Accounting Education Standards Board (2020) Handbook of international education pronouncements. New York: The International Federation of Accountants
The International Federation of Accountants (IFAC) (2018) Upcoming: IES 7 (revised): Continuing professional development. https://www.ifac.org/news-events/2018-12/upcoming-ies-7-revised-continuing-professional-development (10/12)
The International Federation of Accountants (IFAC) (2016) Handbook of the Code of ethics for professional accountant
Velayutham, S. (2003) The accounting profession's code of ethics: Is it a code of ethics or a code of quality assurance?. Critical Perspectives on Accounting, 14(4): 483-503
