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Codes of Professional Conduct in Accounting - Essay Example

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A code of ethics ensures that the professionals do not get into conflicts with the society as the professionals become more aware of the limits to which their activities can go.
A code of ethics is important in that it specifies the ethical responsibilities of the accounting professionals something, which is meant to minimize any dilemmas that come whenever professionals act in contravention of the code of conduct1. The code of ethics for Accounting professionals is designed so as to ensure that, any issues facing the professionals and is likely to impact on the American society is taken care of. In addition, the code of ethics is more of guidelines, which specifies the extent to which a professional can go especially in regard to news, or reporting of a given event. The professionals' code of ethics for the Accounting professionals is also meant to protect the actions of the professionals from harming the American society and curb financial scandals.
For the Accounting professionals, honesty and trustworthy is indispensable. The professionals must always ensure that they are consistent otherwise they risk losing credibility. This is why a code of conduct is very central to the functioning of the Accounting professionals. ...
In addition, honesty and trustworthy are key tenets of Accounting practice especially given the fact that, for a very long time, the Accountants in the United States have been blamed for perpetrating scandalous activities. The AICPA professional code of conduct needs to be modified to reflect the changing nature of the Accountant's duties in this era of information technology and especially concerning the increasing menacing threat of cyber fraud.
The code of ethics stipulates what a professional can or cannot do. This has ensured that, accountants remain professional and committed to their duty in honesty. The code of ethics has ensured that, the AICPA professionals understand that, it is their duty to serve Americans in honesty and trustworthy.
The Nursing code of conduct calls upon all nurses to conduct themselves in a manner consisted with compassion, respect, dignity, worth in terms of professional relationships and practice. The code of conduct for nurses requires them to be committed to the patients' in spite of whether the patient is an individual, family or a group3. The code of conduct for nurses requires them to promote the health safety and rights of patients by being committed to their duties.
The code of conduct for media professionals on the other hand is designed to ensure that, the media professional present balanced and true information which must not hurt the society. If not well taken care of, media professionals can create a lot of disharmony in the society. It has happened in other countries. For instance the 1992 Rwanda massacre was partly ignited by a largely biased media profession, which never gave credence to the media professional code of ethics. As a result, the ...Show more
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American Accounting professionals need a code of conduct as a measure of ensuring that; the professionals uphold privacy, confidentiality, honesty, impartiality and trustworthy to the society in the process pf disseminating information and coverage of events.
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