Book-keeping ethics

Business Studies J.S.S 3 Third Term

WEEK 5

Book-keeping ethics

Performance Objectives

Students should be able to:

    1. Explain transparency and probity.

    2. State the need for transparency, accountability and probity (TAP) in the public domain.

    3. List attributes of transparency, accountability and probity.

    4. Explain the due process and its operation.

Content

What is bookkeeping?

Bookkeeping is the process of recording business transactions in a systematic way to show the statements of transactions and the owners capital. It is important that the bookkeeper demonstrate caution in handling records of business transactions.

Definition of ethics

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