Aicpa Code of Professional Conduct

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The Code of Professional Conduct of the American Institute of Certified Public Accountants (AICPA) is an organization the foundation of ethical reasoning in account. This paper will talk about the three most important purposes of the AICPA and why these are important. The AICPA was founded in 1887 and is a collection of statements that out line a Certified Public Accountant (CPA) ethical and professional responsibility. It also establishes standards for auditor independence, integrity and objectivity, responsibility to clients and colleagues and acts discreditable to the account profession. The code is revised and reissued annually in June. The mission of the AICPA is to provide members with the resources, information and leadership that enable them to provide valuable services in the highest professional manner to benefit the public, employers and clients. In fulfilling its mission, the AICPA works with state CPA organizations and gives priority to those areas where public reliance on CPA skills is most significant. The three most important purposes of the AICPA are to protect the public interest, to instill integrity, and practice due care. Protecting the public interest includes protecting clients, creditors, governments, employers, etc. This principle calls for resolving conflict by remembering that the CPA’s responsibility is to the public while serving the client and employers interest. A CPA must have integrity so that they have the public trust has been served in reference to the client’s confidence and will not use the public trust for personal gain. Due care calls for continued improvement of competency and quality of service, any CPA who performs professional services without having the necessary skills is in violations of the due care standard. By continuing education to maintain ones CPA certificate helps meet this standard. When making

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