A Brief Summary of the Aicp Code of Conduct

When auditing a publicly held company, auditors need to observe principles. The ethical principles of the American Institute of Certified Public Accountants (AICPA) Code of

Our Code of Ethics Program is designed to uphold the interests of every stakeholder of Given Company. Our mission is to uphold a high level of integrity by maintaining high company standards, values and principles to ensure the company meets its mission of being a good corporate citizen who is socially responsible. Our program provides effective guidance for daily decision making for all levels of personnel in an effort to establish and promote long-term relationships within Given Company and with our customers and community. The overall goal of the program is to be diligent in establishing a culture

Ethical issues and how to comply ethical standards are always concerned of all tax practitioners when conduct tax practice. They are subject to IRS Circular 230, AICPA’s Statements on Standards for Tax Services and relevant penalty provisions in the Internal Revenue Code.

The Code of Professional Conduct of the American Institute of Certified Public Accountants consists of two sections—(1) the Principles and (2) the Rules. The Principles provide the framework for the Rules, which govern the performance of professional services by members. The Council of the American Institute of CPAs is authorized to designate bodies to promulgate technical standards under the Rules, and the Bylaws require adherence to those Rules and standards.

The main purpose of a code of conduct is to ensure a professional is just that, a professional. When we think of a professional we think of somebody with a job that requires them to act in a professional and responsible manner. A code of conduct is developed to ensure that people in a specific profession all work towards the same guidelines. A code of conduct based around all of the universal ethical principles: Beneficence, Non-Maleficence, Justice, Respecting Autonomy and the law. It also covers the specific ethical principles: Responsibility, Trustworthiness and

The Code of Professional Conduct is a legislated code that sets out the professional and ethical standards required of registered tax agents and BAS Agents. It outlines the duties that agents owe to their clients, the tax practitioners board (TPB) and other agents. It includes principles which are organised into 5 main categories. Honesty and Integrity, Independence, Confidentiality, Competence and Other responsibilities.

A code of conduct lists the way the organization’s employees are supposed to behave and treat others along with what is right and wrong. Once they sign the paper stating the code of conduct and that by signing they agree to follow it, they know that if they choose not to than they can get written up and/or fired depending on what happened. This way they know that the organization is watching it’s employees with the way they behave and the consequences if they do not choose to behave ethically. Therefore, for the above reasons I believe that having a written code of conduct will reduce fraud and other dishonest acts in an

Code of Conducts can be constructed and tailored to specific situations which may arise within various types of organizations. According to Cooper, codes are "particular to the type of audience and laws are more universal and inclusive"(Cooper, 2012).

While dealing with the bank’s objectives, an efficient and proper code of conduct is expected from the workers and the directors.

Code of Conduct guidelines must be practical, compliable and of dynamic essence. The guidelines should encompass a reactive and proactive approach, thus should consider past experiences that touched our organization’s fiber, as to future challenges and potential risks that could be avoided or minimized if we plan ahead.

Code of ethics promotes the ethical culture in an internal audit profession. Principles and rules of conduct

The code of ethics is basically a set of ethical benchmark for the investment professionals that are related to the job designation, difference of culture, and the laws. The idea behind having code of ethics in an organisation is to understand that the management is taking care of the customers and placing their need above the management’s wants (Krier, et.al, 2014). The management is also working with the right kind of integrity, competence, and respect. Lastly, the

There are several codes of conducts that have been unveiled by financial institution with the aim of developing and promoting high ethical and professional standards. In this regard, banks are obligated to act in a manner that safeguards public interests and when they fail

• Integrity and ethical behavior: Ethical and responsible decision making is not only important for public relations, but it is also a necessary element in risk management and avoiding lawsuits. Organizations should develop a code of conduct for their directors and executives that promotes ethical and responsible decision making. It is important to understand, though, that reliance by a company on the integrity and ethics of individuals is bound to eventual failure. Because of this, many organizations establish Compliance and Ethics Programs to minimize the risk that the firm steps outside of ethical and legal boundaries.

Codes of conduct are policies including rules such as maintaining honesty, attitude, and respect (Traveler, 2009) for co-workers, the organization and customers. Only by separation of personal ethical choices in the work place, will an organization succeed and flourish. It is never appropriate for any employee, management or otherwise, to conduct business for personal gain. The people who become harmed lose trust, confidence, and the expectation of themselves and of the people who chose to put their personal ethical choice before the needs of the customer and business.