Identify to what ethical theories these quotations best relate. Explain your answers in 3 to 5 simple sentences: 2. “A distinguishing mark of the accountancy profession is its acceptance of the responsibility to act in the public interest. Therefore, a professional accountant’s responsibility is not exclusively to satisfy the needs of an individual client or employer.” IFAC, Code of Ethics for Professional Accountants

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Chapter5: Ethical Responsibilities Of Independent Auditors
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Identify to what ethical theories these quotations best relate. Explain your answers in 3 to 5 simple
sentences:

2. “A distinguishing mark of the accountancy profession is its acceptance of the responsibility to act in the
public interest. Therefore, a professional accountant’s responsibility is not exclusively to satisfy the needs of
an individual client or employer.” IFAC, Code of Ethics for Professional Accountants

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