文档介绍：CHAPTER 3
PROFESSIONAL ETHICS
Objective
Knowing what is the ethics and what the nature of the ethics
Evaluating the ethical dilemmas
Describing the two sections of the AICPA Code of Professional Conduct------Principles and Rules
Discussing The Institute of Internal Auditors Code of Ethics
KEY TERMS
1. mittee
2. Audit-sensitive position
3. Direct financial interest
4. Ethics Rulings
5. Independence
6. Indirect financial interest
7. Interpretations of Rules
8. Managerial employee
9. Principles of the Code
10. Profession
11. Prospective financial information
12. Rules
13. Significant influence
14. ISB (Independent Standards Board)
独立准则委员会
15. Public confidence 公众信赖
16. Acts discreditable 有损声誉的行为
3-1 THE NATURE OF ETHICS
What’s the definition of ethics?
moral judgment and standards of conduct
relationships among people
1. WHAT ARE ETHICAL DILEMMAS?
A situation faced by the individual involving a decision about appropriate behavior
Involving situations affecting the welfare of individuals through the results of decision
Ethical dilemmas faced by auditors often affect the welfare of individuals and groups
2. A FRAMEWORK FOR ETHICAL DECISIONS
The framework includes five steps:
Identify the problem
Identify possible courses of action
Identify any constraints relating to the decision
Analyze the likely effects of the possible courses of action
Select the best course of action
3-2 THE NEED FOR PROFESSIONAL ETHICS
1. The characteristics of public accounting
A responsibility to serve the public
plex body of knowledge
Standards of admission to the profession
A need for public confidence
2. Professional Ethics in Public Accounting
3-3 THE AICPA CODE OF PROFESSIONAL CONDUCT
Two parts of the code:
Section I
Preamble
expressing the profession’s recognition of its responsibilities to the public ,to clients and to colleagues
guiding members in the performance of their professional responsibilities and expressing the basic s of ethical and professional c