One ethical dilemma for professional accountants is a conflict between the interests of the stakeholders.Who or what is a stakeholder?
A)Everyone but the people within the company
B)People who are affected by the outcomes of decisions that are made
C)Supervisor of an accountant
D)Employees only

Question

Quizplus · Accepted Answer

Stakeholders are individuals or groups who are affected by the decisions and actions of an organization. This can include shareholders, employees, customers, suppliers, creditors, and the wider community. Professional accountants have a responsibility to consider the interests of all stakeholders in their decision-making to ensure that they act ethically and in the best interests of the organization as a whole. However, conflicts can arise where the interests of different stakeholders are in opposition, and accountants must navigate these situations carefully to maintain their ethical responsibilities.

One Ethical Dilemma for Professional Accountants Is a Conflict Between