THE INTEGRATION OF BUDDHIST ETHICAL PRINCIPLES WITH ACCOUNTING PROFESSIONAL ETHICS

Abstract

This academic article aims to study and analyze the integration of Buddhist principles with the professional ethics of the accounting profession, with a particular focus on applying the Noble Eightfold Path as a conceptual framework for enhancing morality, integrity, and responsibility in professional accounting practice. The study is conducted within the context of Thai society, which is currently facing ethical challenges and issues concerning the credibility of financial information. This study employs a documentary research methodology by examining Buddhist scriptures, academic literature on professional accounting ethics, and related research studies. The findings reveal that Buddhist principles, especially the Noble Eightfold Path, are highly consistent with the professional ethics of the accounting profession across multiple dimensions, including thought, intention, and professional practice, such as integrity, objectivity, due care, and responsibility toward stakeholders. The integration of Buddhist principles with professional accounting ethics not only serves as a framework for regulating professional conduct but also strengthens the internal moral values of accountants. This, in turn, leads to transparent and ethical professional practices and enhances public trust in society and the overall economic system.