Ethics:

Ethics in the accounting profession is defined as guidelines and principles. It includes laws and standards of behavior.

Fairness:

Fairness involves allowing everyone an equal opportunity to succeed. It is a judgment free from discrimination and lack of favoritism one person above another.

Josephson’s Six Pillars of character is:

1. Responsibility

2. Fairness

3. Respect

4. Trustworthiness

5. Citizenship

6. Caring.

Internal control:

Internal control is the process designed by the management to achieve the following objectivities:

1. Effectiveness of the operations and rescue the risk of assets loss.

2. Reliability of financing and non-financing external and internal reporting.

3. Follow the applicable rules, regulations, and laws.