All three major professional accounting groups in Canada require their members to undertake professional development and/or continuing education.This practice is intended to directly satisfy which of these rules of ethical conduct in line with other code of ethics?
A) Integrity.
B) Objectivity.
C) Competence.
D) Confidentiality.

Question

Quizplus · Accepted Answer

The requirement for professional development and/or continuing education directly satisfies the ethical rule of competence, which is a principle that requires professional accountants to maintain their knowledge and skills at a level required to ensure their clients receive competent professional service. This rule is in line with other codes of ethics, such as those of the International Federation of Accountants (IFAC) and the American Institute of Certified Public Accountants (AICPA).

All Three Major Professional Accounting Groups in Canada Require Their