Individual Aicpa Code of Professional Conduct

640 Words3 Pages
Individual: AICPA Code of Professional Conduct Quinniece Y. Garrett University of Phoenix, AXIA College ETH/376: Accounting Ethics and Professional Regulations Abstract The American Institute of Certified Public Accountants is an accounting organization dedicated to the enhancement of the accounting profession. The AICPA was created in 1887 to help the members by providing information and guidance to them. The organization is mainly serves CPAs and at the same time addresses issues that affect the accounting profession as a whole. The roots of the AICPA traces back to a small number of members in the beginning back in the 1800s to now having more than 300,000 members. The AICPA is basically a community of accounting professionals and CPAs. Individual: AICPA Code of Professional Conduct The purpose of the AICPA is to have a precedent of set ethical standards for the accounting profession and auditing standards of companies that are private, nonprofit organizations, federal, state and local government. In having support for those in the accounting profession and to improve the profession as a whole. It is responsible for aiding in setting certain technical standards for those accounting professional who goes on to get their licenses to becoming CPAs. The AICPA have several publication that helps with guiding the accounting profession and to enhance the member’s technical and professional abilities. One thing that the AICPA requires of their Accountants and CPAs is to continue with professional education, so that they will stay abreast of all current accounting and business issues. The AICPA is considered the foundation of ethical reasoning in accounting because each individual in the accounting profession whether they are certified or not has the obligation to be ethical with the public in business dealings and having access to financial information. All

More about Individual Aicpa Code of Professional Conduct

Open Document