Analysis of Ethical Violations in the Accounting Profession Referring to International Standards

Abstract

This article discusses ethical violations in the accounting profession despite the existence of international standards such as IFRS and the IFAC code of ethics. Common violations include manipulation of financial statements, conflict of interest, and non-compliance with established standards. This study identifies factors that influence ethical breaches, including external pressure, law enforcement weaknesses, and lack of auditor independence. In addition, cultural and regulatory differences in different countries also affect the application of ethical standards, where conservative countries tend to apply stricter rules than more liberal countries. To address these issues, this article recommends improving ethics education, strengthening regulatory enforcement, and encouraging accountants to maintain independence and objectivity in their work. These efforts are important to maintain public trust in the accounting profession and ensure consistency in the application of ethical standards around the world.