Ethical standards for the accountancy profession are unique. It is not just dealing with matters of fact- that is, whether or not an accountant is actually behaving ethically; it is also about addressing public perception and expectations. Accountants play many public interest roles. In these roles, a professional accountant’s responsibility is not exclusively to satisfy the needs of an individual client or employer but also to act in the public interest. Because accountants serve many of these public interest roles, the perception of our stakeholders matter.