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Follow the code in all professional and busi ness activities, whether paid or not, and in all other circumstances where failure to comply would bring discredit on the profession.
This Code of Ethics establishes ethical requirements for professional accountants. A member body of IFAC or firm may not apply less stringent standards than those stated in this Code.
Code of Ethics Ethical behaviour is vital to ensure compliance with the accountancy profession’s commitment to the public interest. The nature and complexity of what accountants do means their work has to be trusted to be of value. Therefore ICAEW Chartered Accountants are expected to demonstrate the highest standards of professional conduct.
The five fundamental principles of ethics for professional accountants set out in Section A of our Code are: Integrity – to be straightforward and honest in all professional and business relationships. Objectivity – not to compromise professional or business judgments because of bias, conflict of interest or undue influence of others.
Fundamental ethical principles. The five fundamental principles of ethics for professional accountants set out in Section A of our Code are: Integrity – to be straightforward and honest in all professional and business relationships.
CUSTODY OF CLIENT ASSETS. Professional accountants are required to comply with the fundamental principles and apply the conceptual framework set out in Section 120 to identify, evaluate and address threats.
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1.1 The AAT Code of Professional Ethics replaces the Guidelines on Professional Ethics. This code was revised in 2011, and approved by AAT Council, to come into effect on 1 September 2011. 1.2 It is based on the Code of Ethics for Professional Accountants approved by the International Ethics Standards Board for Accountants (IESBA) in April 2009.
