Importance This article considers the issue of professional conduct of accountants as one of the reasons of the decline of trust to the institution of accounting. Objectives The article aims to substantiate the importance of compliance with the basic ethical principles of accountants' conduct in order to restore user confidence in accounting and reporting data, identify the reasons of violation of the code of ethics by accountants and define basic lines of activity of the professional community, the State, and accountants themselves to eliminate the revealed problems. Methods For the study, I used the methods of analysis and synthesis, abstraction, systematization, and logical generalization. Results The article reveals the reasons of non-compliance with the requirements of the code of ethics by accountants, which allows determining the measures for their elimination. Conclusions A number of activities that require the development of a common policy of the professional community and the State will contribute to ensuring that accountants adhere to the basic ethical principles.
Keywords: accounting, prospects, profession, principles, ethics, professional values, code of ethics
Volkova O.N. [Some notes on the future of accounting as a profession and an academic discipline]. Auditorskie vedomosti = Audit Journal, 2017, no. 5-6, pp. 31–42. (In Russ.)
Kamordzhanova N.A., Solonenko A.A. [Trends in the development of the accounting profession in the world of unstable economy]. Auditorskie vedomosti = Audit Journal, 2017, no. 1-2, pp. 120–133. (In Russ.)
Kuz'mina T.M. [To the question about the vectors of development of professional accounting practices]. Auditorskie vedomosti = Audit Journal, 2017, no. 4, pp. 62–77. URL: Link (In Russ.)
Limperg Th., Baranov P.P., Shaposhnikov A.A., Amanzholova B.A. et al. Teoriya vdokhnovlennogo doveriya ili sotsial'naya otvetstvennost' auditora [The theory of inspired confidence or the social responsibility of the auditor]. Moscow, Auditor Publ., 2017, 191 p.
Shaposhnikov A.A. [Ethical profession coordinates of accountants and auditors]. Idei i idealy = Ideas and Ideals, 2016, vol. 1, no. 3, pp. 49–62. (In Russ.) URL: Link
Pankova S.V., Satalkina E.V. [Accountant's professional judgment: uncertainty, risk, and ethics]. Mezhdunarodnyi bukhgalterskii uchet = International Accounting, 2013, no. 27, pp. 10–16. URL: Link (In Russ.)
Shaposhnikov A.A. [Moral principles of accountant and auditor professions]. Auditorskie vedomosti = Audit Journal, 2015, no. 8, pp. 75–84. URL: Link (In Russ.)
Sannikova I.N., Fedeneva O.V. [Staff issues in accounting reforming in the Russian Federation]. Mezhdunarodnyi bukhgalterskii uchet = International Accounting, 2014, no. 2, pp. 35–41. URL: Link (In Russ.)
Lesina T.V., Volkova Yu.S. [Professional ethics of accountants. The theoretical and practical level]. Upravlencheskii uchet = Management Accounting, 2015, no. 9, pp. 61–69. (In Russ.)
Mikhailova G.V., Gorlova E.B. [Ethical considerations of contemporary accounting problems]. Mezhdunarodnyi bukhgalterskii uchet = International Accounting, 2016, no. 18, pp. 18–32. URL: Link (In Russ.)
Ustinova Ya.I., Shaposhnikov A.A. [Creative accounting: a creative approach or frank fraud?]. EKO = ECO, 2011, no. 11, pp. 174–181. (In Russ.)
Baranov P.P. [Creative accounting in the context of True and Fair View concept: Pro et contra]. Mezhdunarodnyi bukhgalterskii uchet = International Accounting, 2017, no. 1, pp. 16–34. URL: Link (In Russ.)
Kuz'mina T.M. [Problems of ethical regulation of professional activities of auditors in Russia]. Auditorskie vedomosti = Audit Journal, 2016, no. 5, pp. 4–18. (In Russ.)
Shaposhnikov A.A. [The space of accountants conscience]. Innovatsionnoe razvitie ekonomiki = Innovative Development of the Economy, 2013, no. 3, pp. 25–27. URL: Link (In Russ.)
Shaposhnikov A.A., Baranov P.P., Ustinova Ya.I. Eticheskie regulyativy v istorii bukhgalterskogo ucheta i audita: monografiya [Ethical regulations in the history of accounting and auditing: a monograph]. Novosibirsk, NSUEM Publ., 2016, 176 p.
Sannikova I.N. [Code of Ethics and professional values of the accountant]. Bukhgalterskii uchet v byudzhetnykh i nekommercheskikh organizatsiyakh = Accounting in Budgetary and Non-Commercial Organizations, 2006, no. 1, pp. 18–23. URL: Link (In Russ.)
Mislavskaya N.A. [Psychological aspects in professional activities of an accountant]. Auditor, 2016, vol. 2, no. 6, pp. 50–56. (In Russ.) URL: Link