Aicpa Code Of Professional Conduct Integrity

However the standards do not and cannot address and provide an answer for every situation.

Aicpa code of professional conduct integrity. We are the american institute of cpas the world s largest member association representing the accounting profession. Our history of serving the public interest stretches back to 1887. A national effort is underway to encourage more state boards of accountancy to adopt the robust ethical standards in the aicpa code. Professional ethics for members in business.

Today you ll find our 431 000 members in 130 countries and territories representing many areas of practice including business and industry public practice government education and consulting. The code establishes standards for auditor independence integrity and objectivity responsibilities to clients and colleagues and acts discreditable to the accounting profession. The code of professional conduct was revised effective december 15 2014. 0 100 010 principles and rules of conduct 01 the aicpa membership adopted the code of professional conduct the code to provide guidance and rules to all members in the performance of their professional responsibilities.

The aicpa code of professional conduct the code state board of accountancy rules and other sources identify situations that may impair independence or threaten a cpa s integrity or objectivity. Under the aicpa code of professional conduct in the performance of any professional service a member must maintain objectivity and integrity shall be free of conflicts of interest and shall not knowingly misrepresent facts. The first ethical guidance members and all cpas should look to is the ethical requirements of their state cpa society and or state board of accountancy. An overview of the ethics standards that apply under the aicpa code of professional conduct to cpas in business and industry.

The aicpa a code of professional conduct is meant to be a general framework but there are several governing bodies that need to be considered when we approach the topic of ethics. Course online ethics integrity professionalism. Learn more about the project that resulted in the redesigned code of professional conduct. This course is an expanded version of our course titled ethics integrity and the aicpa code of professional conduct.

The code consists of principles and rules as well as interpretations and other guidance which are discussed in 0 100 020. A conflict of interest may occur if a member performs a professional service for a. Objectivity integrity and disclosure. This course will introduce participants to the foundations of ethical behavior and will cover the aicpa code of professional conduct and its applicability for accounting professionals but also covers ethical standards addressed by the international ethics standards board for.

The aicpa code of professional conduct is a collection of codified statements issued by the american institute of certified public accountants that outline a cpa s ethical and professional responsibilities. The code consists of principles and rules as well as interpretations and other guidance.