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The Corporate Governance Debate on Professional Ethics in the Accounting Profession

Author

Listed:
  • Carmen Giorgiana Bonaci
  • Jiří Strouhal
  • Libuše Müllerová
  • Jaroslava Roubíčková

Abstract

This paper focuses on the particular case of professional ethics in the context of the accounting profession. After briefly discussing recent events that made us reconsider our understanding of corporate governance, accountancy and ethics, we attempt to delimit the state of the art by looking at ethics from the accounting profession's perspective. When aiming to clarify professional ethics, we closely analyze integrity based on the latest developments undertaken by European professional bodies. The findings are used in identifying ways to contribute to the endeavor of aligning the profession's performance with society's reasonable expectations.

Suggested Citation

  • Carmen Giorgiana Bonaci & Jiří Strouhal & Libuše Müllerová & Jaroslava Roubíčková, 2013. "The Corporate Governance Debate on Professional Ethics in the Accounting Profession," Central European Business Review, Prague University of Economics and Business, vol. 2013(3), pages 30-35.
    • Handle: RePEc:prg:jnlcbr:v:2013:y:2013:i:3:id:52:p:30-35
    DOI: 10.18267/j.cebr.52
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    References listed on IDEAS

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    1. Walker, Martin, 2010. "Accounting for varieties of capitalism: The case against a single set of global accounting standards," The British Accounting Review, Elsevier, vol. 42(3), pages 137-152.
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    Cited by:

    1. Luboš Smrčka & Jaroslav Schönfeld, 2014. "Several Conclusions from Research of Insolvency Cases in the Czech Republic," Central European Business Review, Prague University of Economics and Business, vol. 2014(1), pages 13-19.
    2. Robert Huterski & Grazyna Voss & Agnieszka Huterska, 2020. "Professional Ethics in Accounting as Assessed by Managers of Economic Units," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 1), pages 720-731.
    3. Inka Neumaierová & Ivan Neumaier, 2014. "INFA Performance Indicator Diagnostic System," Central European Business Review, Prague University of Economics and Business, vol. 2014(1), pages 35-41.

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    More about this item

    Keywords

    Business ethics; accounting profession; auditing; code of ethics;
    All these keywords.

    JEL classification:

    • G30 - Financial Economics - - Corporate Finance and Governance - - - General
    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

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