Aicpa Code Of Ethics Essay

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AICPA Code of Professional Conduct Certified public accountants (CPAs) perform a role that is essential to society. Because of the importance of that role, CPAs have responsibilities to anyone who employs their professional services. CPAs also have a responsibility to assist one another in enhancing the accounting profession, maintaining the public's confidence, and consistently fulfilling the profession's exclusive responsibilities. The voluntary association of CPAs, better known as the AICPA, has proposed a code of conduct that CPAs have chosen to adhere to. Now it is time to discuss the purpose for AICPA’s code, why it is considered the foundation of ethical reasoning, and its most important purposes. The purpose of the AICPA Code of Professional Conduct is to, “represent the expectations for CPAs on the part of the public in performance of professional services,” (Mintz, S. & Morris, R. 2011. p. 14). Currently the majority of CPAs belong to the AICPA; so the fact that the code of professional conduct has been established and accepted by the members themselves, it is considered as the foundation of ethical reasoning in accounting. Principles of the Code reflect the member’s recognition and understanding of its responsibilities to the public, clients and other CPAs. They are used to keep members focused on…show more content…
The Code keeps the CPAs mind on the public helping them practice their professions ethically while seeking the best interest of their clients. Without the AICPA Code of Professional Conduct there would not be any guidelines for CPAs to follow, and there would be no set personal boundaries for them submit to. The Code is a standard, set by CPAs for CPAs, to promote ethical responsibilities that favor the collective well-being of the community of people and institutions the profession

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