What are the fundamental principles of an accountant? An accountant is in charge of providing advice and financial reporting for their clients. This allows them to make important decisions within their businesses, with the objective of growing and having a good development.
In QuAdrans law and finance we have professionals prepared to guide you with the financial decisions of your business.
Every accountant should have a code of ethics or principles to follow while working. With these values you will be able to provide the best service and attention.
What principles should an accountant have?
- Integrity.
An accountant must maintain his moral integrity. It must be present at all times during his work, since it implies values such as rectitude, dignity, honesty and justice.
- Objectivity
Objectivity is expressing reality as it is, i.e., without alteration. An accountant must be impartial and act without bias as a professional. He or she must be objective when it comes to ruling, certifying and giving an opinion on the financial statements of others.
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- Independence.
Absolute independence of mind and judgment must be presented in the face of anything that he or she considers incompatible with his or her principles of integrity and objectivity. Independence of judgment or thought is vital for every accountant.
- Competence and professional care.
The accountant must act with the intention and care of a responsible professional in the performance of his work. It is also necessary that the professional possesses the knowledge, skill and experience to provide the best possible service.
- Confidentiality.
It is necessary that accountants maintain a confidentiality agreement with their clients, since the information they handle is personal and private.
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Fundamental principles of an accountant.
