9706 · 3.2.2
Ethical Considerations
Syllabus point 3.2.2 for Cambridge 9706 Accounting.
Need to know
What you need to know
- Understand the need for an ethical framework in accounting.
- Define and explain the five fundamental principles of accounting ethics: integrity, objectivity, professional competence and due care, confidentiality, and professional behaviour.
- Analyse how the ethical behaviour of accountants impacts the business and its stakeholders.
- Evaluate the social implications of financial decision-making.