Failure to mitigate a conflict of interest would violate which ethical standard of conduct?
A)Credibility
B)Integrity
C)Competency
D)Confidentiality

Question

Quizplus · Accepted Answer

Integrity requires accountants to be honest, trustworthy, and transparent in their professional activities. Failure to mitigate a conflict of interest goes against this ethical standard of conduct by potentially leading to biased decision-making or actions that benefit oneself over the interests of clients, employers, or other stakeholders. Thus, maintaining integrity requires accountants to disclose potential conflicts of interest and take appropriate steps to mitigate them.

Failure to Mitigate a Conflict of Interest Would Violate Which