Question

“Accounting is an inherently moral calling, with the public interest served above all else.” Do you agree with this statement?

Answer 1

The said statement is controversial However, I agree with the above said statement but it never means that under the pretext of public interest accounting will done incorrectly. Accounting is the recording of actuality of transaction occured during the time period therefore accounting should be done in accurate or correct manner without any biasness.

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