The fundamental professional ethical principles for an accountant could be:
> Integrity: honest & straightforward.
> Objectivity: influenced by facts only, avoiding bias, conflict etc.
> Professional competence and due care: up-to-date with legislation and recent updates.
> Confidentiality: of information and others
> Professional behavior: comply with statute etc.
However, there could be treat to such ethical behavior like:
> Self-interest threat: financial or other interest in client or employer organization.
> Familiarity threat: owing to close relationship
> Intimidation threat: pressures in any form
> Self-review threat: review of previous self-judgement > Advocacy threat: promoting client or employer position
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