Professionalism and the Accounting Profession - Essay Example

Extract of sample
Professionalism and the Accounting Profession

This essay aims to define clever accountancy, how it came about, how it serves the public interest and how it is cursed by the tax collector. The researcher of this essay also points out how it has massively affected the public image of the accounting profession. In this regard, different academic theories were cited to explain how clever accountancy has led to professionals being painted in bad light. Historical as well as contemporary evidence were documented to support some claims and opinions. The essay, among all other things, discusses how accounting could be done more professionally today. Clever accountancy was at first seen to enhance professionalism in the accounting field. It has, however, played as paying taxes is a major ethical responsibility of the members of the society to the state. Everyone in the society has an important part to play in paying taxes to enhance service delivery. However, accounting firms constantly use their social position and influence in the economy to evade their core responsibility of paying taxes. The researcher then concluds that accounting profession is the major culprit in the evil when it comes to unethical practice as it is often the main tool of the crime. A change for the better for the profession can help in alleviating the problem. The accounting profession, as indicated earlier, wields a lot of power in the current world. With such power it ought to be on the frontline in championing for positive social ideals. This can have ripple effects considering the power it has. ...
Download paper

Summary

This essay focuses on the discussion of connections between professionalism and the accounting profession. The researcher mostly focuses on clever accountancy field, that has gained ground in recent years to become a major business model for many accounting firms. …
Author : zackerylynch
Download 1

Related Essays

Culture and Accounting
43 pages (10793 words) Thesis
Exploring Professional Ethics in Accounting
38 pages (9538 words) Dissertation
Literature review on profession
40 pages (10040 words) Essay
Accountancy is not a profession
4 pages (1004 words) Essay
professionalism and the accounting profession
5 pages (1255 words) Essay
Accountancy is not a profession
4 pages (1004 words) Essay
Ethics in Accounting Profession
3 pages (753 words) Essay
Got a tricky question? Receive an answer from students like you! Try us!