AICPA Code Of Professional Conduct Analysis

The purpose of the AICPA code of Professional Conduct is for the accounting profession to uphold values and standards of behavior in the community (Mintz & Morris, 2011). The code holds CPA’s responsible to the public, by the way, they serve the public through its clients and employers interests (Mintz & Morris, 2011). One considers the AICPA the foundation of ethical reasoning in accounting because one must uphold professional responsibility and gain trust from the public (Mintz & Morris, 2011). The AICPA code holds CPA’s to a standard of honesty a form of integrity that the CPA will not have a personal gain from the service they are providing (Mintz & Morris, 2011). The AICPA principles include responsibility, public interest, integrity, objectivity and independence, due care, and scope and nature of services (Mintz & Morris, 2011). The principles enable CPAs to fill the obligations to the public (Mintz & Morris, 2011). The code protects the public through the due care standard by CPA’s continuing education for a better quality of service, and whether the CPA has a conflict of interest in the case of an audit (Mintz & Morris, 2011).
Public interest is important for creditors and investors in a company because one relies on accurate information to make decisions when investing in a company. Integrity is important to gain the trust of the investors and creditors (Mintz & Morris, 2011). One with integrity is honest and will not have a personal gain, which will build trust with the investors and creditors of a company (Mintz & Morris, 2011). Due care is important for the quality of service one provides a company (Mintz & Morris, 2011). One must go through training and gain the skills needed to provide a better quality of service (Mintz & Morris,