The problem of unfair competition in the accounting profession and solutions

Professionals play an important role as observers and auditors of the business world. Accountants are responsible for ensuring that the financial positions of businesses are prepared and reported in accordance with clear and accepted accounting standards. Although this situation sometimes raises legal doubts when considering ethical concepts, on the other hand, a good understanding of accounting principles will also help professionals maintain their competitiveness. One of the most important factors for the future and development of the accounting profession is adherence to professional ethical values. Unfair competition, which is one of the most unethical behaviors, is one of the main activities that harm the essence of the profession. The purpose of this study; Stating to what extent unfair competition is an important problem in the profession, to what extent the legal regulations and practices made so far are effective, to what extent these regulations and practices can be developed further and effective in solving the problem, professional organizations, relevant public institutions (state) and most importantly, unfair competition It is aimed to evaluate what the duties and responsibilities of each professional accountant may be in the regulations that need to be made regarding the solution of competition. The analysis of this study reveals that the lack of a clear legal definition of unfair competition and the actions that are part of it causes significant problems in practice. Therefore, in order to improve the protection of professional accountants from unfair competition, it is necessary to formulate a definition of unfair competition that includes a comprehensive list of its criteria. The concept of unfair competition in the business life of professional accountants is examined and this It defines and investigates the distinctive features that constitute the legal phenomenon, and analyzes the types of liability established in the legislation for unfair competition in the field of accounting professionals. Economic competition performs a number of important regulatory functions and ensures market development and therefore enjoys special state support. Unfair competition is a prohibited action based on dishonest, unethical and unfair ways of doing business. In this context, the main reasons for the formation of unfair competition in the accounting profession have been discussed, and information has been obtained that will contribute to the extent to which current practices prevent unfair competition, at what points they are deficient, and what solutions can be suggested to eliminate this deficiency. Keywords: Accounting, Profession, Unfair Competition.