Code of Ethical Conduct
Comply with the Code and the Law
Read and understand the code. Comply with the code of ethics in this handbook and the law no matter where you are. Please remember to use sound judgement and avoid improper decisions and behavior.
Watch Your Action, and Ask Questions if Unsure
At any point in time during your employment you are unsure; ask yourself:
• Does it follow the expectation of the code?
• Is it considered ethical?
• Is it legal?
• Will it hurt me or my company?
• Would I want to read negative things about myself in the news?
If you find yourself answering “No” to any of the questions above, do not consider doing it.
If you are not sure at any point; do not hesitate to ask for guidance. This handbook will
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Professional competence is designed to impose specific obligations on the accountant. An accountant must have the proper training and knowledge required to ensure all clients receive professional service. An accountant will also in accordance with all of the company’s professional standards.
Confidentiality means that all accountants refrain from disclosing any type of private information acquired from clients to anyone outside of the company without special permission unless there is a legal duty to disclose. An accountant will never use any confidential information for their own personal advantage. Disclosure of confidential information may be required during different types of legal proceedings such as fraud cases.
Professional behavior is an obligation that requires all accountants to comply with all laws and regulations in an effort to avoid any discreditation of their professional ability. All accountants at this company will be honest and truthful and never make any exaggerated claims for the types of services they can offer, the qualifications they have ,or the experience they have.
Threats and Safeguards
Compliance with the company’s principles can become threatened at any time by a broad range of circumstances. These threats can differ depending on the situation. These threats can include: self-interest and intimidation.
Self-interest Threat
• Financial interest in a client
• Entering into employment negotiations with a client
The term professional, like many words and concepts has many different dimensions and the meaning of which has changed over time. One definition might be getting paid to complete a specific set of specialised tasks. Another might be an uncompromising commitment to performing at the highest level at all times. Yet another could be displaying a polite, considerate and generally businesslike manner in the workplace. Whilst most of these statements are partially correct, there are many aspects to conducting yourself in a professional manner. The most recognised
7. All employees will seek to be honest in all dealings, using wisdom, courage, and integrity, reporting any acting otherwise to their supervisor or other leader if the supervisor is involved. Those who are not honest in dealings will face immediate termination, and whatever justice is required.
A professional is characterized by or conforming to the technical or ethical standards of a profession (2) : exhibiting a courteous, conscientious, and generally businesslike manner in the workplace. Being professional should be a subconscious effort in the fact that it should always be applied. When employees are professional it helps the system run more efficiently and safely. A person must me a certain criteria when being evaluated on professionalism, a person is judged based on the clients; Attitude, Values, Communication techniques, and approachability. Clients who display a committed, dependable attitude will benefit more from work exerted, and overall be rewarded with incentives. Although professionalism may be in the eye of the
“ In order to prevent fraudulent financial reports and statements, the American Institute of Certified Public Accountants(AICPA) has created ethical standards” (Ethical standards in a financial statement, 2011). These standards aim to make financial professionals accountable for their accounting practices. This includes the integrity of financial reporting and ensuring financial reporting is done fairly and factually. Financial accountants and professionals should maintain professional integrity, objectivity, and independence to reduce the risk of resulting legal action, loss of profits, and a poor reputation if improper financial reporting is done (Ethical standards in a financial statement, 2011).
Below, I have attached a list of questions with potential answers that you may encounter with the
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Professionalism is being able to encourage respect and honesty in all business matters and during the course of any project. My future project will be a small project of auditing the employees’ salaries for salary reductions or adjustments. The project is to reduce the high salaried employees’ salary by 5%, and the strength I will use is my professionalism strength. First all I will treat the employees with respect by calling for a meeting. Professional standards will be used in preparing and presenting it to the employees during the meeting which will be one-on-one with respect to their privacy. I will hold myself accountable for the success or the failure of the project. I will work to provide leadership, trust, tools and support
The code of ethics and conduct is a written set of rules and regulations that provides guidance to employees of an organization on how to conduct themselves and carry out their duties in line with the organization’s principles. The code of ethics and conduct is also be backed up by suitable disciplinary actions. A code of ethics and conducts helps employees deal with ethical issues and other gray areas that they face as they execute their daily activities. An effective code of ethics and conduct is required for an organization to run smoothly and maintain a positive image. Having an ineffective code of ethics and conduct is almost like having none.
A person should demonstrate self-control, self- confidence, attention to details, and be able to work independently and with ambiguity. In the business world, professionalism earns respect from other professionals in various careers. Professional people are inclining to support one another; therefore, a person must present themselves in an appropriate manner to be a part of this group. Technology is also a significant skill used by forensic accountants because they use databases to research information and prepare spreadsheets to illustrate their evidence.
Chartered accountants are therefore expected to display professionalism in their work so that they are able to maintain public confidence in the companies. This is a result of the accountants reporting the true performance of the companies they represent (Radebaugh & et al, 2012).
The relevancy of defining roles and the extent to which it has to deal with responsibilities is one essential element that should be defined before commencing work. Nursing as a regulated profession has guidelines and laws identifying the scopes of practice and accountabilities. In this way, efficiency and success can be determined in a nurses ' professional growth.
Q1: Are you aware that you should not disclose the organization’s information to people who
Established in 1993, by Chairman and CEO Gil Shwed, Check Point software technologies first pioneered the I.T. security industry with FireWall-1 and its patented Stateful inspection technology, which is still the foundation for most network
Trump won the president in this month. After two months, Donald Trump will be the official president. However, the concerns about his ethics is upcoming to everyone’s mind.
Since morals and morality require conscious choices, man is the only animal who can be moral or immoral. Thus, man is the only animal who can consciously, or purposely make moral choices: to think or not to think, to produce or usurp, to benefit or hurt oneself or others. The meaning of moral is simple and direct (e.g., the productive actions of honest people). Whatever is consciously done to harm or prevent filing human biological needs is bad and immoral conduct. Honestly using one’s reasoning is always beneficial and moral; dishonestly using one’s reasoning nature is always harmful and immoral. The dictionary defines altruism is: “uncalculated consideration of, regard for, or devotion to other’s interests in accordance with ethical principles (www.dictionary.com)”. This research will discuss standards for ethical and moral conduct in the form of a code of ethics. With references to moral philosophical and social issues.