High standards of ethics are not required for preparers of ﬁnancial information.

Question

Quizplus · Accepted Answer

High standards of ethics are required for preparers of financial information as they have a significant role in providing accurate and reliable financial information to the users. Failure to maintain ethical standards can lead to fraudulent activities and misrepresentation of financial information. Therefore, it is crucial for preparers of financial information to adhere to high standards of ethics.

High Standards of Ethics Are Not Required for Preparers of ﬁNancial