Propose an ethical framework for setting appropriate standards of conduct for professional accountants producing a higher level of ethical values and decision making.

An moral framework for skilled accountants within the context of the Enron case may embrace the next components:

1. Skilled integrity: Skilled accountants ought to keep the best requirements of integrity and independence, and keep away from any conflicts of curiosity.
2. Transparency: Skilled accountants ought to disclose all related info in a transparent and clear method, and chorus from partaking in any fraudulent or deceptive practices.
3. Compliance with legal guidelines and rules: Skilled accountants ought to adjust to all related legal guidelines and rules, and work to stop any violations of such legal guidelines and rules.
4. Objectivity: Skilled accountants ought to keep objectivity and impartiality within the efficiency of their duties, and keep away from any bias or discrimination.
5. Confidentiality: Skilled accountants ought to respect the confidentiality of shopper info, and never disclose any private info with out correct authorization.
6. Skilled competence: Skilled accountants ought to attempt to keep up and enhance their skilled competence, and proceed their skilled improvement to make sure that their expertise and information are updated
7. Social duty: Skilled accountants ought to act in a socially accountable method, and take into account the influence of their actions on the broader neighborhood, together with shoppers, staff, shareholders, and the general public.

This framework shouldn’t be exhaustive and different essential moral requirements may very well be added. Moreover, skilled accountants ought to be held accountable to and controlled by an impartial physique equivalent to an expert accounting affiliation, to make sure that they comply with these requirements of conduct.