20. A primary purpose for establishing a code of conduct within a professional organization is to: Group of answer choices Require members of the profession to exhibit loyalty in all matters pertaining to the affairs of their organization. Demonstrate acceptance of responsibility to the interests of those served by the profession Reduce the likelihood that members of the profession will be sued for substandard work Ensure that all members of the profession perform at approximately the same level of competence

20. A primary purpose for establishing a code of conduct within a professional organization is to: Group of answer choices Require members of the profession to exhibit loyalty in all matters pertaining to the affairs of their organization. Demonstrate acceptance of responsibility to the interests of those served by the profession Reduce the likelihood that members of the profession will be sued for substandard work Ensure that all members of the profession perform at approximately the same level of competence

Contemporary Auditing

11th Edition

ISBN:9781337650380

Author:KNAPP

Publisher:KNAPP

Chapter6: Professional Roles

Section6.8: Tillman Rollins, Office Managing Partner

Problem 1Q

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A primary purpose for establishing a code of conduct within a professional organization is to: a Reduce the likelihood that members of the profession will be sued for substandard work. b Ensure that all members of the profession perform at approximately the same level of competence. c Demonstrate acceptance of responsibility to the interests of those served by the profession. d Require members of the profession to exhibit loyalty in all matters pertaining to the affairs of their organization
What are the important points that can be learned from the the code of professional ethics. What are the most recent ACFE Code of Professional Ethics, discuss in one or two sentences after each Code of Professional Ethics statement below and the meaning of the statement in simple words CODE OF PROFESSIONAL ETHICS An ACFE Member shall, at all times, demonstrate a commitment to professionalism and diligence in the performance of their duties. An ACFE Member shall not engage in any illegal or unethical conduct, or any activity which would constitute a conflict of interest that has not been properly disclosed to the appropriate parties. An ACFE Member shall, at all times, exhibit the highest level of integrity in the performance of all professional assignments, and will accept only assignments for which there is reasonable expectation that the assignment will be completed with professional competence. An ACFE Member will comply with the lawful orders of the courts, and will testify to…
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