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Accounting professionals play a crucial role not only in the financial and risk management of a company, but also corporate governance and the overall development of an organisation. Moreover, they have an overriding duty to protect the public interest. Given this unique role, professional accountants must uphold the highest standard of professional ethics and stay vigilant to various ethical risks and challenges.

The Hong Kong Business Ethics Development Centre (HKBEDC) of the Independent Commission Against Corruption (ICAC) has developed this series of feature articles in consultation with the Hong Kong Institute of Certified Public Accountants (HKICPA). These articles highlight some common ethical risks faced by different accounting professionals, namely external auditors, internal auditors, financial accountants and management accountants, and the legal obligations and professional principles they should pay heed to in tackling these challenges.

External Auditors
Internal Auditors
Financial Accountants
Management Accountants
Established under the auspices of the Community Relations Department of the ICAC, Hong Kong Business Ethics Development Centre (HKBEDC) aims to promote business and professional ethics on a long-term basis to sustain a level-playing field in Hong Kong. We offer free ethics training and consultancy services for business organisations and professional bodies.
Website  : hkbedc.icac.hk
Tel : (852) 2826 3288
Email : hkbedc@crd.icac.org.hk
Fax : (852) 2519 7762
The feature articles provide general guidance for educational purpose only and do not purport to deal with all possible issues that may arise in any given situation. Descriptions and explanations of the legal requirements under the relevant ordinances and the recommended practices are necessarily general and abbreviated from the layman's angle. Readers of these articles should refer to the original legislations, professional standards or seek legal advice as and when necessary. The ICAC does not accept any liability, legal or otherwise, for loss occasioned to any person acting or refraining from action as a result of any content in these articles. Names of all characters, organisations, locations and incidents portrayed in the articles are entirely fictitious. No relation to real persons or entities is intended or should be inferred. The ICAC owns the copyright of these articles. For enquiries, please contact HKBEDC.
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