Analysis of perceptions of auditors/chartered accountants’ on selected Indian accounting standards

  • Authors

    • Bharathan Viswanathan Ras Al Khaimah Women’s College, HCT, Ras Al Khaimah
    • Robinson Joseph Skyline University College, University City of Sharjah
    • Philip Thomas Al-Dar University College, Dubai
    • Sambasivan Elumalai SRM University, Kattankulathur,Chennai,Tamil Nadu
    2015-09-01
    https://doi.org/10.14419/ijbas.v4i4.4946
  • Accounting Standards, Auditor’s Perception, Code of Conduct, Ethical Code, Professional and Practicing Accountants.

  • Abstract

    Indian accounting standards are not only principle based but also based on users’ perceived ethical notions on professional ethics and compliance with professional code of conduct that are issued by the Institute of Chartered Accountants of India (ICAI).Codes of conduct for accountants give guidelines for proper behavior in the profession. The present study attempts to understand the perceptions of practicing auditors and professional Chartered Accountants (CAs) on the Indian accounting Standards and adherence to the professional code of conduct issued by the ICAI. The study is based on a survey conducted among a sample of qualified CAs. On the basis of the findings, the study concluded that ethical accounting standards are fundamentally necessary for accountants to produce quality financial reports free from material misstatements.

  • References

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  • How to Cite

    Viswanathan, B., Joseph, R., Thomas, P., & Elumalai, S. (2015). Analysis of perceptions of auditors/chartered accountants’ on selected Indian accounting standards. International Journal of Basic and Applied Sciences, 4(4), 340-347. https://doi.org/10.14419/ijbas.v4i4.4946

    Received date: 2015-06-17

    Accepted date: 2015-08-25

    Published date: 2015-09-01