Aicpa Code of Professional Conduct

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The AICPA can be defined as the American Institute of Certified Public Accountants. It is a professional organization that is responsible for developing professional accounting ethical values. The AICPA requires that professional accountants are to act responsibly when engaging in accounting services and reviewing sensitive financial information. According to the AICPA website the professional code of conduct provide general guidance on professional responsibilities, the public interest, integrity, objectivity and independence, due care, and the scope and nature of services without establishing specific standards. ("AICPA'S Code of Professional Conduct ", 2006-2014). The AICPA views that accountants should always exercise sound moral judgment in all accounting activities. Accountants have the responsibility of providing clients with professional services while presenting a truthful and accurate assessment of the information. Ethics in accounting are concerned with how to make good and moral choices in regard to the preparation, presentation and disclosure of financial information. Accountants have ethical responsibilities to many different parties, both internal and external to the company. The AICPA is used as a foundation because it covers professional conduct, integrity and general standards accounting principles. The code provides an ethical outline that all CPA members must adhere to. Accounting rules, regulations, and codes exist to ensure that the information presented is accurate and faithful to the financial circumstances. The AICPA is recognized as an authoritative source used to clarify accounting principles by offering guidance on official standards, new developments, and specific advice for accountants. According to our text, the Principles of the AICPA Code are responsibilities; the public interest; integrity; objectivity and independence;

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