ETH/376 Accounting Ethics and Professional Regulations Week One Assignment – AICPA Code of Professional Conduct AICPA Code of Professional Conduct The AICPA Code of Professional Conduct represents the principles that “are based on the values of the profession and the traits of character that enable CPA’s to meet their obligations to the public” (Mintz & Morris‚ 2011). The AICPA Code of Professional Conduct has six essential principles to guide them in the performance of their profession
Premium Philosophy of life Obligation Morality
the accounting field‚ the American Institute of Certified Public Accountants (AICPA) maintains and enforces a code of professional conduct for public accountants. By adhering to the code‚ accounting professionals assume an obligation of "self-discipline above and beyond the requirements of laws and regulations" (AICPA‚ 2006‚ para. 8). The duties placed on accounting professionals by the code of ethics require "professional competence‚ confidentiality‚ integrity‚ and objectivity" (Bookrags‚ 2006‚ para
Premium Accountant Certified Public Accountant Profession
Harley-Davidson and a Code of Conduct When I was sixteen years old‚ my dad let me take his 1972 XR-750 Sportster for a cruise around the block. It was one of the most exciting things I have ever done in my life. I was terrified by the movement without the security‚ and I was thrilled by it at the same time. It was like riding a roller coaster without a safety harness. At that moment. I fell in love with motorcycles‚ and with the name Harley-Davidson. Harley-Davidson is an American Icon. The
Premium Decision making Business ethics Motorcycle
AICPA Code of Professional Conduct Composition‚ Applicability and Compliance 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
Premium Certified Public Accountant Financial Accounting Standards Board International Financial Reporting Standards
Vistakon seeks to be the leader in providing soft‚ daily disposable‚ high-quality contact lenses to the part-time lens user by providing superior quality products through innovative manufacturing and R&D combined with strong advertising presence and trade support. In 1987‚ Vistakon‚ an independent subsidiary of Johnson & Johnson‚ introduced Acuvue‚ the first soft‚ disposable contact lens through marked innovations in production and marketing. The “stabilized soft molding” production technique
Premium Contact lens Contact lenses Johnson & Johnson
Case study one is in breach of the code of conduct policy. This policy outlines the standards of professionalism and behaviours expected to be upheld by all employees of the DET whether employed on a permanent‚ causal or part time basis (DET‚ Code of Conduct Policy‚ 2014‚ p.4). According to the Code of Conduct policy‚ duty of care must be applied to all activities and functions conducted by DET employees (p. 23). In this scenario‚ The casual teacher has not considered or assessed the issues associated
Premium Teacher Ethics Education
AICPA Code of Professional Conduct Founded in 1887‚ the American Institute of Certified Public Accountants (AICPA)‚ a voluntary association of CPAs‚ created a strict code of professional conduct (AICPA‚ 2012‚ pg. 1). The purpose of the code of conduct is to discuss the ethical obligations of CPAs and to provide guidance and rules to the members. The AICPA code consists of six principles or purposes for which the members abide‚ honor‚ and respect. “The principles include responsibilities; the
Premium Ethics Certified Public Accountant
AICPA Code of Professional Conduct The American Institute of Certified Public Accountants (AICPA) is a group of CPAs that span across the globe. Its members are all volunteers and consist of over 350‚000 people. Most of their debates and discussions are how accountants should handle certain professional issues. There are six principles within the AICPA code of professional conduct; responsibilities; public interest; integrity; objectivity and independence; due care; and scope and nature of services
Premium Certified Public Accountant Ethics
R E S P O N S I B I L I T I E S ethics & L E A D E R S H I P Revised AICPA Code of Professional Conduct Analyzing the Ethical Responsibilities for Members in Public Practice and Members in Business By Steven M. Mintz n June 1‚ 2014‚ the AICPA issued a codification of the principles‚ rules‚ interpretations‚ and rulings in the AICPA Code of Professional Conduct that specify which ethics provisions apply to members in public practice‚ members in business‚ and other members. A major improvement
Premium Ethics Member of Parliament Business ethics
A corporate Code of Conduct‚ sometimes also refered to as Code of Ethics‚ helps a company to show to all involved parties‚ internal and external‚ the standards that govern its conduct‚ thereby conveying its commitment to responsible practice wherever it operates. As you know‚ there have been many recent legal and paralegal initiatives to promote or require good conduct by corporations. Because there are now so many of these guidelines‚ it is not simple to get an overview‚ so that you’re able to
Premium Ethics