Principled Leadership is Always Superior to Rules-Based Methods

Regardless of your profession, I am convinced there is a conflict between those that believe in principle-driven decisions (Principled Leadership) and those that are rule-driven. I can guarantee you that in accounting this is true. Our principles are outstanding. There are six of them. We have duties to: Enhance and Develop Your Profession - if you don’t take care of yourself how can you ever take care of anyone else? Protect the Public - We have a duty to think about the users of our work, reports, and opinions. When there is a conflict between what say management wants and what protects the public from mismanagement and financial ...