Represent a very narrow view of the public interest

Reference no: EM133288909

Question: According to Sikka, Willmott, and Lowe (1989), suggest that public interest was principally construed as the obligation to produce impartial accounting and auditing knowledge for economic decision-making and the efficient allocation of scarce resources.

Early in the history of the accounting profession, character seems to have been loosely associated with an individual's class status within society. As Neu and T'Aerien (2000) suggest, this focus on individual morality, rather than the collective function of the body of professional accountants within broader society, appears to represent a very narrow view of the public interest.

Reference no: EM133288909

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