THE IMPACT OF ETHICAL AND CODE OF CONDUCT IN REGULATING THE ACTIVITIES OF NIGERIAN ACCOUNTANTS

THE IMPACT OF ETHICAL AND CODE OF CONDUCT IN REGULATING THE ACTIVITIES OF NIGERIAN ACCOUNTANTS: There is absolute need to know analysis, the impact ethics and code of conduct has on the activities of Nigerian accountants. The significance of ethics and code of conducts cannot be over emphasized to themselves as professionals able to abide by the ethics of their profession. Various professions like doctor, nurse, engineers, lawyers, accountants, e.t.c have their own ethics which they are expected with and code of conduct which has to do with the way and manner in which they are expected to conduct themselves when discharging their professional duties, over the years, there had been cases of unethical practices on the part of professional accountants which has resulted in retrogression of the economic and financial sectors of the country. The reason for the study was motivated due to traits of unethical practices when ranges from distressed bank which is caused by ethical abuse on the part of auditors, inflated contracts, falsification of financial statement with the sole aim of concealing fraud and embezzlement, breach of financial regulations and civil services rules. The research work is desirable because with ethics and code of conduct both client and professionals will be protected; it will redeem the image of professionals conduct,