Which ethical standard has been violated if an accountant fails to prepare financial statements according to industry standards?
A)Competence
B)Confidentiality
C)Integrity
D)Credibility

Question

Quizplus · Accepted Answer

Failing to prepare financial statements according to industry standards is a violation of the ethical standard of competence, which requires accountants to possess the necessary knowledge and skills to perform their professional duties effectively.

Which Ethical Standard Has Been Violated If an Accountant Fails