Is a professional accountant a businessperson pursuing profit or a fid
QUESTION
Is a professional accountant a businessperson pursuing profit or a fiduciarythat is to act in the public interest?
e of their funds, whether they are used efficiently or not. Accounting thus has to be more ethical so that the shareholders get the true and actual reporting of all the business activities. Thus accountants are in a fiduciary relationship with the shareholders to give them true presentation of the data.
ANSWER:
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