Final answer:
The three fundamental principles of the IESBA Code of Ethics for Professional Accountants are Integrity, Objectivity, and Confidentiality. These principles uphold the ethical conduct of professional accountants, ensuring trust and integrity in the field.
Step-by-step explanation:
The IESBA Code of Ethics for Professional Accountants outlines essential principles that accountants are expected to follow to maintain public trust and professional integrity. The code is grounded on several fundamental principles, which professionals within the accounting field are required to uphold.The three fundamental principles from the IESBA Code of Ethics that are critically important are:Integrity - to be straightforward and honest in all professional and business relationships.Objectivity - to not allow bias, conflict of interest, or undue influence of others to override professional or business judgments.Confidentiality - to refrain from disclosing information to third parties outside the normal course of professional duties without proper and specific authority or unless there is a legal or professional right or duty to disclose.
These principles ensure that accountants carry out their duties with the utmost ethical considerations, establishing credibility and trust in their work.The three fundamental principles of the IESBA Code of Ethics for Professional Accountants are Integrity, Objectivity, and Independence. These principles guide professionals in maintaining ethical standards and ensuring the integrity of financial information.