Necessity of ethics education and Islamic values in universities accounting curriculum

Since accountants are responsible for preparing financial statements that reflect the performance of the business, their commitment to ethics is of utmost importance to society. In Islamic countries, accountants must adhere to the ethics of the International Federation of Accountants (IFAC), in addition to complying with the ethical principles established by the Accounting and Auditing Organization of Islamic Financial Institutions (AAOIFI). Ethics education warrants the future of accounting profession and ensures that accounting continues to play its historic role for the prosperity of the economy and the progress of the community. In addition, Islamic values education in accounting makes institutionalization of ethical behavior in students and prepares them for an effective encounter with the ethical challenges in the workplace. Even after the accounting scandals in the early 2000s, which led to greater attention universities and professional institutions to ethics education in accounting and despite the recent efforts of Islamic countries to educate Islamic values in the universities curriculum, in Iran there are still no significant changes to incorporate ethics and Islamic values in the accounting curriculum .Therefore, the aim of this study is to provide a theoretical analysis of necessity of ethics and Islamic values education in universities accounting curriculum.