? Is a professional accountant a businessperson pursuing profit or a fiduciary that is to act in the public interest?
? Why is it important for a professional accountant to understand the ethical trends discussed in this chapter?© BrainMass Inc. brainmass.com June 3, 2020, 11:43 pm ad1c9bdddf
Accounting of Ethics
? Is a professional accountant a business person pursuing profit or a fiduciary that is to act in the public interest?
It is my opinion, based on the historical definition of a fiduciary being an individual (or trust company) vested with the power to manage the assets of another i.e., executors and trustees, an accountant is a professional business person pursuing profit, however there can be no question that a CPA offering advisory services can be ...
The expert determines if a professional accountant businessperson pursuing profit or a fiduciary in the act of public interest.