AICPA Code of Professional Conduct Essay Example

and to prevent situations or conflicts of interest in the performance of their audits. These principles were created to protect the public and provide CPA’s with a code of conduct to guide their practices in an honest, responsible, and ethical manner. AICPA Code of Professional Conduct Three Most Important

The most important three principles of the AICPA in my opinion are The Public Interest, Integrity, Objectivity and Independence. The Public Interest is important because it protects the best interest of stakeholders. This includes everyone interest including the clients, credit grantors, government, investors, etc. Members of the AICPA have an obligation to accept this requirement and conduct him or her selves in a professional manner that serves the public interest. They need to honor the public trust and demonstrate a commitment to the principle.

The second principle that I find very important is Integrity because this principle identify the public trust and confidence and required CPA’s to perform his or her duties in a professional manner. Additionally, when CPA’s conduct themselves in a manner that brings credit to the profession it brings a sense of integrity to all the parties. The CPA’s need to be candid and honest while maintaining the highest degree of client confidentiality. The third principle that I found important is Objectivity and Independence. This principle is very important because requires that CPA’s be impartial and objective.

They must be free of conflict of interest while performing his or her duties. Additionally, all members of the AICPA are required to be independent when finding facts without any coercion to alter any documents for selfish reasons. Conclusion The AICPA plays and important purpose for CPA’s because it

provides a Code of Professional Conduct. The Code of Professional Conduct has six principles, which guide the members. The six principles required that the members honor the public’s trust and conduct themselves in a professional manner.

Members must uphold and enforced the ethical obligations of the CPA’s. Honoring the public’s trust is not always a first priority. The AICPA principles put the public’s trust as one must for al CPA’s, and makes it important that CPA’s act in the best interest of the public, even is does not serve in best interest of the CPA. The ethical conduct of CPA’s demonstrate the importance of showing respect for the public and its interest. Lastly, CPA’s have an obligation to perform their duties to the best of his or her ability.