scholarly journals Analysis of perceptions of auditors/chartered accountants’ on selected Indian accounting standards

2015 ◽  
Vol 4 (4) ◽  
pp. 340
Author(s):  
Bharathan Viswanathan ◽  
Robinson Joseph ◽  
Philip Thomas ◽  
Sambasivan Elumalai
Keyword(s):  
Professional Ethics ◽  
Codes Of Conduct ◽  
Code Of Conduct ◽  
Accounting Standards ◽  
Professional Code ◽  
Financial Reports ◽  
Chartered Accountants ◽  
Proper Behavior

<p>Indian accounting standards are not only principle based but also based on users’ perceived ethical notions on professional ethics and compliance with professional code of conduct that are issued by the Institute of Chartered Accountants of India (ICAI).Codes of conduct for accountants give guidelines for proper behavior in the profession. The present study attempts to understand the perceptions of practicing auditors and professional Chartered Accountants (CAs) on the Indian accounting Standards and adherence to the professional code of conduct issued by the ICAI. The study is based on a survey conducted among a sample of qualified CAs. On the basis of the findings, the study concluded that ethical accounting standards are fundamentally necessary for accountants to produce quality financial reports free from material misstatements.</p>

The Adoption of Financial Accounting Standards for Small Medium Enterprises by Muslim Entrepreneurs

2020 ◽  
Vol 27 (2) ◽  
pp. 54
Author(s):  
Muslichah Muslichah ◽  
Sunarto Sunarto ◽  
Anang Amir Kusnanto ◽  
Sri Indrawati ◽  
Hariyanto Hariyanto
Keyword(s):  
Financial Reporting ◽  
Quantitative Data ◽  
Accounting Standards ◽  
Financial Accounting ◽  
Unexpected Finding ◽  
Financial Reports ◽  
Small Medium Enterprises ◽  
Medium Enterprises ◽  
Chartered Accountants ◽  
Structured Questionnaire

This study aims to discuss the adoption of financial reporting and accounting standards for small-medium enterprises (SMEs) by Muslim entrepreneurs. A structured questionnaire was used to collect quantitative data from the SME owners. 214 Muslim owners of SME businesses participated in the survey. The results show that only a few Muslim entrepreneurs prepared financial reports regularly. The main reason for preparing the statement is for calculating tax, borrowing money, and decision making. An unexpected finding from this study is that most of the Muslim owners are unaware of Standard for SMEs. Users of SME financial reports include tax authority, banks, and owners, or shareholders. This study enriches the financial reporting studies by examining the accounting standards for SMEs in a Muslim dominated country. The findings of this study also have implications for the Institute of Indonesia chartered accountants (IICA) as standard setter. IICA must routinely disseminate these standards to SMEs and also assist them in preparing financial reports

scholarly journals The Institute of Chartered Accountants of India V/S National Financial Reporting Authority

2020 ◽  
Vol 10 (6) ◽  
Author(s):  
Shrihari Karanth ◽  
Srinivas K. T.
Keyword(s):  
Financial Reporting ◽  
Central Government ◽  
Code Of Conduct ◽  
Accounting Standards ◽  
Regulatory Body ◽  
High Quality ◽  
Accounting Practitioners ◽  
Set Up ◽  
Autonomous Institution ◽  
Chartered Accountants

In India traditionally accounting and audit related standards are regulated by The Institute of Chartered Accountants of India (ICAI). The ICAI was established to set a code of conduct that needs to be followed by all the professional accounting practitioners including auditing firms. ICAI working as an autonomous institution under Government of India, but Government has set up another regulatory body calledNational Financial Reporting Authority (NFRA)over ICAI for recommendations to the Central Government on formulating high-quality accounting standards and auditing polices, which mandatorily adapt by companies or auditors. NFRA is given complete power to regulate &control audit practices. Howeverone can observe that there are two equivalent organisation operating with the same objective which may create more bureaucratic hurdles in the system.

PANDANGAN HAKIM PENGADILAN AGAMA BANGKALAN TERHADAP EFEKTIVITAS DAN SANKSI KODE ETIK HAKIM OLEH ORGANISASI PROFESI

2021 ◽  
Vol 1 (4) ◽  
Author(s):  
Pipin Nur Janah
Keyword(s):  
Professional Ethics ◽  
Code Of Ethics ◽  
Code Of Conduct ◽  
Scientific Article ◽  
Professional Code ◽  
Library Research ◽  
The Supreme Court ◽  
Ethics Code ◽  
The Law ◽  
Religious Courts

ABSTRAKHakim merupakan salah satu penegak hukum yang menurut Undang-Undang bertugas mengadili perkara di Pengadilan. Dalam Menjalankan Profesinya harus sesuai dengan aturan yang disebut juga dengan Kode Etik Hakim. Adanya ketentuan Kode Etik dan Pedoman Perilaku Hakim diatur dalam Surat Keputusan Bersama (SKB) Nomor 047/KMA/SKB/IV/2009 dan Nomor 02/SKB/P.KY/IV/2009 tentang Kode Etik dan Pedoman Perilaku Hakim yang menerangkan mengenai Kode etik yang harus di patuhi oleh hakim dan harus ada keefektifan dalam menajalankan profesinya. Walaupun terdapat kode etik, tidak menutut kemungkinan bahwa ada hakim yang nantinya lalai  yang kemudian melanggar kode etik profesi hakim itu sendiri. Dalam penerapan sanksinya pun harus sepadan dan sesuai dengan pelanggaran yang dilakukan. Artikel ilmiah ini menggunakan  metode penelitian  ini, penulis menggunakan pendekatan hukum normatif atau penelitian kepustakaan. Sedangkan metode pengumpulan data dalam penulisan artikel ilmiah ini dengan melakukan wawancara terhadap pihak yang terkait.Kode etik tersebut menjadi suatu keefektifan tersendiri bagi hakim khususnya di Pengadilan Agama Bangkalan dalam menjalankan profesinya, dilihat dari hakim yang memang melaksanakan tugas dan wewenang sesuai dengan Kode Etik Profesi Hakim. Namun. apabila melanggar terdapat sanksi yang diberikan walaupun hakim juga termasuk salah satu penegak umum dilingkup Mahkamah Agung, sanksi yang diberikan berbeda-beda yakni sanksi ringan, sanksi sedang dan sanksi berat. Hal ini disesuaikan dengan ringan beratnya pelanggaran yang dilakukan oleh hakim. Tidak ada sanksi pelaporan pelanggaran yang diajukan masyarakat Bangkalan ke Pengadilan Agama Bangkalan, hal ini membuktikan hakim dilingkup Pengadilan Agama Bangkalan mematuhi kode etik yang berlaku. Sehingga dapat disimpulkan bahwa Pengadilan Agama Bangkalan keefektifan dalam mengimplementasikan adanya Kode Etik Profesi sesuai dengan Pedoman memang benar-benar dipatuhi serta tidak ada sanksi pula yang dilanggar oleh Hakim yang ada di Pengadilan Agama Bangkalan.Kata Kunci : Hakim, Kode Etik, Efektivitas, Sanksi.  ABSTRACTThe judge is one of the law enforcers who according to the Law is tasked with hearing cases in the Court. In carrying out his profession must be in accordance with the rules, also called the Judges' Code of Ethics. The provisions of the Code of Ethics and the Code of Conduct for Judges are regulated in the Joint Decree (SKB) Number 047 / KMA / SKB / IV / 2009 and Number 02 / SKB / P.KY / IV / 2009 concerning the Code of Ethics and the Code of Conduct for Judges which explains the Code ethics that must be obeyed by the judge and there must be effectiveness in managing his profession. Even though there is a code of ethics, it does not undermine the possibility that there will be judges who will be negligent who then violate the professional code of justice itself. In applying the sanctions must be commensurate and in accordance with the violations committed. This scientific article uses this research method, the author uses a normative legal approach or library research. While the method of collecting data in writing scientific articles is by conducting interviews with related parties.The code of ethics has become a special effectiveness for judges, especially in the Bangkalan Religious Court in carrying out their profession, seen from judges who indeed carry out their duties and authority in accordance with the Professional Code of Ethics for Judges. However. if there is a sanction violated, even though the judge is also included as one of the general enforcers in the scope of the Supreme Court, the sanctions are different, namely mild sanctions, medium sanctions and severe sanctions. This is adjusted to the severity of the violations committed by the judge. There are no sanctions for reporting violations submitted by Bangkalan people to the Bangkalan Religious Court, this proves that judges in Bangkalan Religious Courts comply with the applicable code of ethics. So it can be concluded that the Bangkalan Religious Court's effectiveness in implementing the existence of the Professional Ethics Code in accordance with the Guidelines was really obeyed and there were no sanctions that were violated by Judges in the Bangkalan Religious Court.Keywords: Judge, Code of Ethics, Effectiveness, Sanctions.

The effects of personal and organisational attributes on ethical attitudes of professional accountants: evidence from Ghana

2022 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Regina Mensah Onumah ◽  
Samuel Nana Yaw Simpson ◽  
Amoako Kwarteng
Keyword(s):  
Significant Influence ◽  
Codes Of Conduct ◽  
Code Of Conduct ◽  
Visionary Leadership ◽  
Least Square ◽  
Personal Attributes ◽  
Professional Code ◽  
Ethical Attitudes ◽  
Content Type ◽  
Ethical Codes

Purpose This paper aims to examine the effects of personal attributes (greed and desire for personal gains, behaviour of peers and superiors, personal values, family influences and pressures, religious background, ego strength, etc.), organisational attributes (company policies, codes of conduct and visionary leadership, etc). and the moderating role of ethical codes of conduct on the ethical attitudes of professional accountants. Design/methodology/approach The study uses data from a survey of 340 professional accountants in Ghana, using the ordinary least square regression analysis to test hypothesized relationships. Findings The results suggest that personal attributes collectively have positive and significant influence on ethical attitudes. Similarly, organisational attributes collectively have positive and significant influence on ethical attitudes. Moreover, ethical codes of conduct moderate the positive relationship between personal and organisational attributes and ethical attitudes of accountants. Originality/value In the light of the social contingent theory, the findings imply that personal and organisational attributes, when interacted with professional code of conduct strengthens ethical attitudes of accountants. To the best of the knowledge, this is the first paper to have examined the moderating effect of professional code of conduct on ethical attitudes of accountants from a developing country context.

scholarly journals The Adoption of Financial Accounting Standards for Small Medium Enterprises by Muslim Entrepreneurs

2020 ◽  
Vol 27 (1) ◽  
pp. 54
Author(s):  
Muslichah Muslichah ◽  
Sunarto Sunarto ◽  
Anang Amir Kusnanto ◽  
Sri Indrawati ◽  
Hariyanto Hariyanto
Keyword(s):  
Financial Reporting ◽  
Quantitative Data ◽  
Accounting Standards ◽  
Financial Accounting ◽  
Unexpected Finding ◽  
Financial Reports ◽  
Small Medium Enterprises ◽  
Medium Enterprises ◽  
Chartered Accountants ◽  
Structured Questionnaire

This study aims to discuss the adoption of financial reporting and accounting standards for small-medium enterprises (SMEs) by Muslim entrepreneurs. A structured questionnaire was used to collect quantitative data from the SME owners. 214 Muslim owners of SME businesses participated in the survey. The results show that only a few Muslim entrepreneurs prepared financial reports regularly. The main reason for preparing the statement is for calculating tax, borrowing money, and decision making. An unexpected finding from this study is that most of the Muslim owners are unaware of Standard for SMEs. Users of SME financial reports include tax authority, banks, and owners, or shareholders. This study enriches the financial reporting studies by examining the accounting standards for SMEs in a Muslim dominated country. The findings of this study also have implications for the Institute of Indonesia chartered accountants (IICA) as standard setter. IICA must routinely disseminate these standards to SMEs and also assist them in preparing financial reports

scholarly journals Into the Void: A Counsel Perspective on the Need to Articulate Rules Concerning Disclosure Before the ICJ

AJIL Unbound ◽  
2019 ◽  
Vol 113 ◽  
pp. 302-306
Author(s):  
Kate Parlett ◽  
Amy Sander
Keyword(s):  
International Law ◽  
Professional Ethics ◽  
Codes Of Conduct ◽  
Code Of Conduct ◽  
Professional Obligations ◽  
Turn On ◽  
The Icj ◽  
Professional Codes

Individuals appearing before the ICJ on behalf of states are not subject under international law to any compulsory code of conduct to guide them in navigating issues of professional ethics. Article 42(2) of the ICJ Statute merely provides that parties “may have the assistance of counsel or advocates before the Court” and does not impose qualification requirements on those a state elects to appear on its behalf. In practice, legal teams appearing before the Court are comprised of individuals from different legal backgrounds who are either qualified legal practitioners or academics (referred to below as “counsel”). Qualified practitioners will likely be subject to professional codes of conduct applicable to them in their home jurisdiction, and those codes of conduct may bind them in relation to proceedings before the ICJ. But the professional obligations applying to practitioners from different jurisdictions can vary considerably. Some may consider that their domestic code of conduct does not (and/or should not) bind counsel before an international court. Those who are academics or are not admitted in any jurisdiction may not be subject to any conduct rules when acting as counsel. The absence of a common set of professional obligations means that the obligations bearing upon the conduct of particular counsel are unclear and certainly not uniform. This may have an impact on the presentation of a case before the Court, and in turn on the Court's understanding of the dispute. Ultimately, it could materially impact the outcome of a case.

Into the Void: A Counsel Perspective on the Need to Articulate Rules Concerning Disclosure Before the ICJ

2019 ◽  
Vol 113 ◽  
pp. 219-222
Author(s):  
Kate Parlett ◽  
Amy Sander
Keyword(s):  
International Law ◽  
Professional Ethics ◽  
Codes Of Conduct ◽  
Code Of Conduct ◽  
International Court Of Justice ◽  
Court Of Justice ◽  
International Court ◽  
The Icj ◽  
Professional Codes

Individuals appearing before the International Court of Justice (ICJ or Court) are not subject under international law to any compulsory code of conduct which would guide them in navigating issues of professional ethics. Neither the ICJ Statute nor its Rules impose any qualification requirements on counsel. In practice, legal teams appearing before the Court are comprised of individuals from different legal backgrounds, who tend to be either qualified legal practitioners or academics. Qualified practitioners may be subject to professional codes of conduct from their home jurisdiction, but these can vary considerably across different jurisdictions. Counsel who are academics or are not admitted in any jurisdiction may not be subject to any conduct rules.

scholarly journals Perception of Accounting Professionals in the Convergence and Implementation of a Single Set of Global Accounting Standards in India

2019 ◽  
Vol 8 (4) ◽  
pp. 7370-7378
Keyword(s):  
Accounting Standards ◽  
Financial Statements ◽  
Accounting Standard ◽  
Financial Reports ◽  
Effective Implementation ◽  
Accounting Professionals ◽  
Chartered Accountants ◽  
International Accounting Standard ◽  
Single Set ◽  
Structured Questionnaire

Purpose – The purpose of this paper is to explore the various implementation issues on the Ind AS converged with IFRS in India and measures to address the issues. Design/Methodology/approach – A detailed published literature reviewed in this context and found the scope of the research. A structured questionnaire on 5 points Likert-Scale has been used for the survey. Survey conducted on accounting professionals belongs to Delhi-NCR, India. Findings – The empirical research find the various areas of challenges faced by entities in converged IFRS implementation and suitable means for effective implementation of converged IFRS in India. Originality/value – One of the contributions to this study is to examine perceptions of Indian Accounting Professionals towards convergence and implementation of a single set of global accounting standards in India. As a result of globalization, many Indian companies initiated their business in other countries and some Multi-national companies also operated in India. Different countries having their own set of accounting standards that must be followed when incorporating financial statements hence, it creates a dual set of financial reports of entities. It is complex for the business houses and all the stakeholders to prepare, understand, Interpret and compare the end result of entities so it originates the need of uniform accounting standard which will be applied in all the countries hence International Accounting standard Board took the responsibility and after considering various signifying points issued IFRS for global benefit. Many developed and developing countries adopted IFRS. Indian accounting professionals also felt the need of adopting IFRS so the Institute of Chartered Accountants of India took initiative in this direction and issued a roadmap in this direction but due to some issues, it was not implemented properly. MCA announced a roadmap for Ind AS converged with the IFRS implantation in 2015.

scholarly journals Etika Profesi dan Profesionalisme Public Relations

2019 ◽  
Vol 2 (1) ◽  
pp. 44
Author(s):  
I Dewa Ayu Hendrawathy Putri
Keyword(s):  
Public Relations ◽  
Professional Ethics ◽  
Code Of Ethics ◽  
Codes Of Conduct ◽  
Code Of Conduct ◽  
Professional Conduct ◽  
Human Relationships ◽  
Moral Standards ◽  
Ethics Code ◽  
Code Of Professional Conduct

<em>Professional Ethics emphasis on human relationships with others who have the same profession. The goal, so there is a good cooperation and alignment between one individual with another individual in the same profession. Ethics in Public Relations have the same goal with the ethics of the profession. Their ethics Public Relations No alignment is expected to lead to good cooperation between individuals within the scope of Public Relations and improve the professionalism of practitioners of Public Relations. A professional in performing their duties and obligations are always closely related to the code of ethics (code of profession) and codes of conduct (code of conduct) as moral standards, benchmarks or guidelines in carrying out the work and responsibilities of each in accordance with its function and role in the organization represents. In addition, a public relations professional must be able to work or to act through a thorough consideration and correct. A professional can distinguish ethically which can be done and what can not be done according to the guidelines of the code of professional conduct that is carried by the person concerned</em>

Beyond Financial Reporting. Integrated Reporting and its determinants: Evidence from the context of European state-owned enterprises

2019 ◽  
pp. 43-72
Author(s):  
Giuseppe Nicolò ◽  
Gianluca Zanellato ◽  
Francesca Manes-Rossi ◽  
Adriana Tiron-Tudor
Keyword(s):  
Financial Reporting ◽  
Empirical Investigation ◽  
Gender Diversity ◽  
Accounting Standards ◽  
International Accounting Standards ◽  
Integrated Reporting ◽  
Financial Reports ◽  
The Public ◽  
Explanatory Factors ◽  
Board Gender Diversity

Integrated reporting (IR), which aims to overcome the limitations of both tradi-tional financial and stand-alone non-financial reports, has gained momentum as a single comprehensive tool merging financial and non-financial information. Initially conceived for private sector entities, IR is also establishing itself in the public sector context as a vehicle for transparency and accountability. This research offers an empirical investigation of IR practices in the State-Owned Enterprises (SOEs) context. More specifically, the paper investigates the levels of disclosure provided through IR by a sample of 34 European SOEs and explores the effects of potential explanatory factors. The results indicate a fair level of IR disclosure and a trend of reporting information already requested under international accounting standards. The findings also highlight that industry (basic materials and financials) and size positively influence the level of IR disclosure in a particularly strong way, while governance features (board size and board gender diversity) and the provision of external assurance do not exert any impact.

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