THE IMPORTANCE OF ETHICS IN ACCOUNTING AND AUDITING PROFESSIONS IN SERBIA

Authors

  • Radmila Trklja Academy of Applied Studies Kosovo and Metohija Author
  • Boban Dašić Academy of Applied Studies Kosovo and Metohija Author
  • Aleksandar Radović Academy of Applied Studies Kosovo and Metohija Author

DOI:

https://doi.org/10.5937/ekonsig2401089T

Keywords:

professional ethics, accountancy profession, auditing profession, code of ethics

Abstract

In ecent times, the concept of business ethics has been getting increasing importance in modern market economies as the result of the large number of detected unethical business activities. Accounting and auditing are the professions of extremely high ethical sensitivity. In order to be able to produce reliable, high-quality financial statements and to maintain both their professional and personal integrity, accountants and auditors have to resist the pressure put upon them by the market and by their clients. Ethical and professional conduct of accountants and auditors is significant for estimating their credibility and quality of their work. The subject of this paper is the need for constant improvement of competences and skills which accountants and auditors must have in order to satisfy increasingly challenging requirements of modern environment. With reference to that, the paper presents the concept of professional ethics, accounting and auditing professions as well as the Code of Ethics in Accounting and Auditing Professions.

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Published

2024-06-12

How to Cite

THE IMPORTANCE OF ETHICS IN ACCOUNTING AND AUDITING PROFESSIONS IN SERBIA. (2024). Ekonomski Signali: Poslovni Magazin, 19(1), 89-105. https://doi.org/10.5937/ekonsig2401089T

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