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Unformatted text preview: Why have a code of professional conduct? (e.g., Hippocratic oath) 1. establish a minimum standard 2. provide ideals toward which member should strive 3. strengthens the relationship among the members of the profession 4. enhances the confidence and trust the public places in the audit report 5. distinguishes a businessperson from a professional - accepting the responsibility of serving the public even if it entails personal sacrifice 6. importance of the perception of independence...
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- Fall '08
- Accounting, professional conduct, 175, confidential client information, Hippocratic oath