The Position of Ethics in Financial Science

As indicated by the results of several researchers, supplementing financial sciences and their abilities in ensuring public thoughts have a positive relationship with observing professional conducts. The professionals of financial issues aim to satisfy public expectation ensuring the quality of the provided complex services. Therefore, in addition to professional competency, employees are expected to have ethical competency. The present study aims to elaborate the position of ethics in financial sciences. Several researches have so far been carried on the role of ethics in accounting and auditory according to which, the present paper tries to elaborate on the position of ethics in financial sciences.
In financial sciences, merely observing standards and technical principles is not satisfying. Employees are supposed to be committed strongly to professional behaviors organized and developed by professional financial federations. Financial scandals are reduced in the society through applying standards and principles of professional behaviors resulting in increasing the clearance of financial reporting. In addition to standards and principles of professional behaviors, academic society also plays an effective role in reducing financial scandals. In financial careers, in addition to professional expertise, morality is also important. In the presented pattern, morality is satisfied through developing morality-based contents in courses and educational programs of financial sciences and technical issues before starting the career and through observing professional principles, considering multidimensionality and moral aspects after entering the career.