Personal Code of Ethics
I believe that my personal code of ethics compares to the professional code of ethics very similar. I believe that no matter what profession a person is in that they should always be honest and trustworthy as well as have good morals and ethics. My code of ethics is very similar to the professional code of ethics. One of the differences between my code of ethics and the professional code of ethics is that I would not do anything for the profession that would ruin or tarnish my reputation. I have somewhat high standards and I do not like to be thought of in a wrong manner. I have good strong morals to support my ethical thinking.
For the most part I believe my personal code of ethics is similar to the unwritten code associated with this career of my choice. Forensic accountants have to be honest and trustworthy. Many people depend on these forensic accountants to do the right thing and to solve any mysteries that have arrived. Forensic accountants are depended upon to solve cases that involve missing finances or reports that just do not add up. The ethical dilemmas that my personal code of ethics helps to resolve is for example my ethics would make sure that I reported finances that were missing or misplaced so that the finances can be accounted for. My morals and ethics would also prevent me from taking finances and stealing them as well as not taking bribes from clients to keep information quiet.
There could be so many ethical dilemmas to face in this career and I am sure some of them can be difficult to decide on but with the right morals and ethics all dilemmas can be resolved. Forensic Accountants investigate frauds of all natures. I have found an example of such kind of case. For example; “In 1996, a city manager in California’s Contra Costa County became suspicious when a local disposal service company asked for help keeping itself afloat. Orinda-Moraga Disposal Services wanted to raise rates on its
References: AICPA. (N/A). Professional code of ethics for accountants. Retrieved from http://www.aicpa.org/Research/Standards/CodeofConduct/pages/sec100.aspx Crumbley, L. (2003). Characteristics of Forensic Accountants. Retrieved from http://www.cluteinstitute-onlineJournals.com/pdfs/2006325.pdf Freeman, S. (N/A). How stuff works. Retrieved from http://science.howstuffworks.com/forensic-accounting.htm N/A. (2009). Professional code of ethics. Retrieved from http://www.aiic.net/ViewPage.cfm/article24.htm Weed, G. (2010). Why are ethics important in accounting? Retrieved from http://www.ehow.com/how-does_4571925_why-ethics-important-accounting.html