Case study week 6 Essay Example | Topics and Well Written Essays - 250 words

Case study week 6 - Essay ExampleOn the some other hand, IFAC focuses on upholding global business standards and corporate ethical behavior to satisfy universal stakeholders.As an all-important(a) component of economic success and public or private investment, credibility, transparency, and competency are fundamental note take to be in the accounting practice. Specifically, this is ideal for ensuring reliability, quality services, and moral behavior to promote the ethical standards of the occupation. In addition, the education of quality service through the observation of the moral standards attracts investors (Brewer,2015). The United States Securities and Exchange Commission (SEC) is mandated with proposing new regulations and befool the public to submit their opinion on how to make the accounting professional better and comply with the ethical standards. In executing their duties, regulatory bodies need to embrace transparency as a core value to enhance ethical behavior in accounting occupation. Public transparency in the regulatory practices is prerequisite for standardizing ethical practices in accounting. There are uncountable regulatory agencies that exist in different international, national, regional, and local levels (Brewer,2015). repayable to the increase in global economies and the demand for accounting reports, ethical practices have become fundamental to the practice, rearing an intervention by agencies to manage and control the moral