An Analysis of the Relationship between IFAC Code of Ethics and CPI

Authors

  • Ayşe İrem Keskin Kadir Has University
  • Elçin Yılmaz Işık Kadir Has University

DOI:

https://doi.org/10.5195/emaj.2015.81

Keywords:

Accounting, Code of Ethics, Business Ethics

Abstract

Abstract

Code of ethics has become a significant concept as regards to the business world. That is why occupational organizations have developed their own codes of ethics over time. In this study, primarily the compatibility classification of the accounting code of ethics belonging to the IFAC (The International Federation of Accountants) is carried out on the basis of the action plans assessing the levels of usage by the 175 IFAC national accounting organizations. It is determined as a result of the classification that 60,6% of the member organizations are applying the IFAC code in general, the rest 39,4% on the other hand, is not applying the code at all. With this classification, the hypothesis propounding that “The national accounting organizations in highly corrupt countries would be less likely to adopt the IFAC ethic code than those in very clean countries,” is tested using the “Corruption Perception Index-CPI” data. It is determined that the findings support this relevant hypothesis.          

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Published

2015-11-12

Issue

Vol. 5 No. 2 (2015)

Section

Articles

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