Question: As a profession, accountants are expected to act ethically and in the public interest. However, in practice there are many threats to the ethical behaviour

As a profession, accountants are expected to act ethically and in the public interest. However, in practice there are many threats to the ethical behaviour of accountants and auditors. Discuss the different types of threats to ethical behaviour in the accounting profession and explain the impact accounting scandals have on the profession.


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Self Interest Threat The threat that arises when an auditor behaves in his or her own emotional financial or other personal selfinterest Situations th... View full answer

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