THE ROLE OF THE INTERNATIONAL CODE OF ETHICS FOR PROFESSIONAL ACCOUNTANTS IN UNETHICAL SITUATIONS

Ivana Dropulić, Maja Letica and Mirela Mabić
Additional contact information
Ivana Dropulić: University of Split, Faculty of Economics, Business and Tourism, Croatia
Maja Letica: University of Mostar, Faculty of Economics, Bosnia and Herzegovina.
Mirela Mabić: University of Mostar, Faculty of Economics, Bosnia and Herzegovina.

UTMS Journal of Economics, 2025, vol. 16, issue 1, 48-61

Abstract: This study examines how knowledge of the International Code of Ethics for Professional Accountants affects accountants' ability to recognize and respond to unethical situations. The research was conducted from January to June 2023 in Bosnia and Herzegovina. A survey design was used for this study. The questionnaire was sent to 130 addresses, of which data was collected for 71 companies and completed by accountants working in or for the companies surveyed. 80.3% of respondents indicated that they were familiar with the provisions and guidelines of the International Code of Ethics for Professional Accountants. The results of the survey suggest that accountants who are more familiar with the provisions and guidelines of the International Code of Ethics for Professional Accountants are more likely to be able to recognize unethical situations and pressures in business and respond according to the Code's guidelines. However, no significant relationship was found between the willingness to apply the International Code of Ethics for Professional Accountants and the accountant's ability to resist pressure from managers to falsify accounting data.

Keywords: accounting; ethics; Bosnia and Herzegovina (search for similar items in EconPapers)
JEL-codes: M14 M41 M48 (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
https://utmsjoe.mk/files/Vol.16.No.1/4.THE_ROLE_OF ... HICAL_SITUATIONS.pdf

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ris:utmsje:021620

Access Statistics for this article

UTMS Journal of Economics is currently edited by Prof. Ace Milenkovski, PhD

More articles in UTMS Journal of Economics from University of Tourism and Management, Skopje, Macedonia Contact information at EDIRC.
Bibliographic data for series maintained by Assistant Professor. Dejan Nakovski, PhD ().