ETHICS IN ACCOUNTING: A CASE STUDY OF BSE 30 COMPANIES

Every business entity has to maintain Ethical Standards in order to survive successfully in the market and improve total organizational competencies and efficiencies. Ethics means the basic concepts and fundamental principles of right human conduct, which involves differentiating between good and bad, right and wrong, so that an accounting professional follows what is principally right for him to do. With effect from 1st April 2005, SEBI has made it mandatory for every listed company to lay down a code of conduct for all the Board Members. Code of Conduct acts as a directive and guide to employees and other stakeholders in laying down the organization's expectation of them and is a reference to all other detailed policies of the organization. It is a part of Corporate Governance. It promotes the organization value and enhances its Ethical Environment.