Answer:
Being Ethical in preparation of account information helps to maintain a high degree of honesty with investors and partners of the company. It is also essential for future plan because an account information prepared unethically might come back to haunt the firm when they grow bigger than their current size thereby pushing future investors away. Reporting figures as they appear also helps the firm to know it's current financial stand and how to tidy up loose ends in previous financial year.
Explanation:
