Home > Term: accountant's responsibility
accountant's responsibility
An accountant must exercise due care, and must follow established conventions and standards to present a 'true and fair view' of the financial position of an entity. He or she owes these ethical and professional obligations to the management, stockholders, investors, creditors, and regulatory and taxation authorities.
- Part of Speech: noun
- Industry/Domain: Accounting
- Category: General accounting
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- anton.chausovskyy
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