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Running head: ACCOUNTING ETHICS1Accounting EthicsStudent’s NameInstitution
ACCOUNTING ETHICS2Accounting EthicsCodes of Conduct SelectedThe paper will seek to identify two codes of conduct from a professional organization andone from a corporation as well as comparing and contrasting the two codes of conduct.The firstcode of conduct belongs to the American Institute of Certified Public Accountants (CPAs).Thecode of conduct states that the certified public accountants must seek for the truth and report it.The ethics of accounting emphasizes on accuracy of the information and data collected. Thus, theaccountants and auditors must be honest and courageous in the collection, reporting and theinterpretation of data and information. Under the code of conduct, theaccountants must theresponsibility of providing accuracy in their work.It is crucial to verify any data andinformation before reporting it to the investors and other users. It is advisable for them to useoriginal sources rather than secondhand information.The code emphasizes that there are noexcuses for information inaccuracy.The accountants should provide the actual context and reflections of the company’sfinancial statements.This implies that the individuals should be keen to avoid misrepresentingthe information during the previewing and summarizing of the information obtained.Whenreporting the financial statements, the accountants should collect and update informationthroughout company’s operations in the preceding financial year.It is also important for them tobe careful of the promises made to the investors to avoid reporting financial information inarush.In addition, the sources of the additional information and disclosuresmust be clearlyidentified. The investors and other users of the financial statements are entitled to get true andfair reflection of the company’s financial performance using reliable sources.In terms of thereliability of the sources, the accountants must determine the motives of the sources.The codealso requires the accountants to be vigilant and keen to help the investors in understanding theactual financial situation of the company. Most importantly, they must avoid collusion offinancial information at all times.This identifies the code of conduct on seeking the truth andreporting it.
ACCOUNTING ETHICS3The second code of conduct belongs to Apple Inc, one of the successfultelecommunication companies across the world.The code of conduct states that all stakeholders

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Term
Fall
Professor
mr
Tags
Certified Public Accountant, ethical code, business integrity

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