Until now, ethical issues in the field of accounting have been considered only in terms of the application of a fixed code of ethics. This unique book identifies accounting as an activity with complex ethical implications for the profession in general, as well as for individual practitioners. Ethical Issues in Accounting considers several aspects of accounting which have significant ethical dimensions, including creative accounting, the dilemmas faced by the private- sector accountant, taxation practice, ethical education for accountants, and social accounting, which incorporates issues of the environment. The role of the professional accounting bodies as guardians of professional accounting ethics is also examined in detail.