ACC 4336: Ethics and Professionalism in Accounting

This code is published by the Federal Accounting Standards Board and is the source for the GAAP.

Establishes financial accounting and reporting standards for public and private companies and not-for-profit organizations.

Regulates accounting and financial reporting standards for U.S. state and local governments.

Develops standards that bring transparency, accountability and efficiency to financial markets around the world.

Establishes auditing and related professional practice standards for registered public accounting firms to follow during audits.

Issues auditing, attestation, and quality control standards and practice guidance for performing and reporting on audit and attestation engagements for non-issuers.

Establishes and maintains high-quality auditing and related professional practice standards for audits of public companies and broker-dealers.

These rules of professional conduct were promulgated under the Public Accountancy Act, which directs the Texas State Board of Public Accountancy to promulgate rules of professional conduct "in order to establish and maintain high standards of competence and integrity in the practice of public accountancy and to ensure that the conduct and competitive practices of licensees serve the purposes of the Act and the best interest of the public."

The mission of the Texas State Board of Public Accountancy is to protect the public by ensuring that persons issued certificates as certified public accountants possess the necessary education, skills, and capabilities and that they perform competently in the profession of public accountancy.

This is the code of professional conduct of the American Institute of Certified Public Accountants

The AGA Code of Ethics (the Code) "sets a minimum standard of behavior and creates an expectation that AGA members and non-member CGFMs¹ will conduct themselves in an ethical and professional manner. AGA members and non-member CGFMs agree to adhere to the Code of Ethics."

"The Code of Ethics states the principles and expectations governing the behavior of individuals and organizations in the conduct of internal auditing. It describes the minimum requirements for conduct, and behavioral expectations rather than specific activities."