5 Basic Principles of Accountant Ethics Violated by PT Asuransi Jiwasraya

d. Leadership and Ethics in Decision Making

Professional behavior also involves the ability to provide good leadership in decision-making. In the context of Jiwasraya, there has been a failure in ethical leadership, where decisions made by management and accountants do not consider ethical principles. Instead of making decisions that are in line with the long-term interests of the company and policyholders, they focus more on achieving short-term financial results.

CONCLUSION

The case of PT Asuransi Jiwasraya is an important reminder of the importance of ethical accounting principles in maintaining public trust in companies and the accounting profession. 

Violations of the five basic principles of ethics---integrity, objectivity, professional competence and due care, confidentiality, and professional conduct---have caused a major financial crisis with widespread impact. It is important for accountants to always uphold professional ethics in every situation to maintain public trust and prevent similar scandals from happening again in the future.

REFERENCE

Adinda, R. (2022). Pengertian etika: Macam-macam etika & manfaat. Diperoleh dari Gramedia: https://www.gramedia.com/best-seller/pengertian-etika/

Hidayah, N. (2023, 3 Maret). 15 jenis profesi akuntansi untuk karir di masa depan. Diperoleh dari Mekari: https://mekari.com/blog/profesi-akuntansi/