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Unformatted text preview: Keep the Public Interest (and the Profession’s Interest) Ahead of One’s Self Interest: Membership in the [AICPA] is voluntary. By accepting membership, a certified public accountant assumes an obligation of self-discipline above and beyond the requirements of laws and regulations. (ET§51.01) These Principles of the Code of Professional Conduct of the [AICPA] express the profession’s recognition of its responsibilities to the public, to clients, and to colleagues. They guide members in the performance of their professional responsibilities and express the basic tenets of ethical and professional conduct. The Principles call for an unswerving commitment to honorable behavior, even at the sacrifice of personal advantage. (ET§51.02) A distinguishing mark of a profession is acceptance of its responsibility to the public. The accounting profession’s public consists of clients, credit grantors, governments, employers, investors, the business and financial community, and others who rely on the objectivity and integrity of [CPAs] to maintain the orderly...
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- Spring '08
- Accountant, Certified Public Accountant, professional services, professional responsibilities