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SUB TOPIC 2
TOPIC: BOOK KEEPING ETHICS: DUE PROCESS
MEANING OF DUE PROCESS
This is act of doing something according to laid down rules or procedures or the process that should be followed in doing things.
Attributes of due process
The following are the attributes of due process;
- Truthfulness
- Openness
- Fairness
- Impartiality
- Respect for the rule of law.
- Equity
Let’s take a closer look at each of the attributes;
Truthfulness is the ac t of saying the truth always.
Openness is the act of making one’s action and operation clear to all.
Fairness means giving equal consideration to all. etc.
PROBLEMS CREATED BY LACK OF TAP AND THEIR SOLUTIONS;
PROBLEMS:
- Increase in the incidence of bribery
- Influence peddling
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