What are the fundamental principles of the code of ethics?
The fundamental principles of code of ethics are includes-
01. Integrity
A professional accountant should have straight forward and honest in all professional & business relationship.
02. Objectivity:
A professional accountant should not allow bias, conflict of interest or undue influence.
03. Professional competence & due care:
A professional accountant has a continuing duty to maintain professional knowledge and skill at the level required to insure that a client or employer received competence professional service.
04. Confidentiality:
A professional accountant should respect the confidentiality of information acquired as result of professional & business relationship.
05. Professional behavior:
A professional accountant should comply with relevant laws regulations & should avoid any action that discredits to the profession.