Task
You are required to research APES110 The Code of Ethics for Professional Accountants.
After researching APES110 prepare a report that addresses the following:
- Background information (How and why APES110 was written e.g. who authored it? Why was it adopted? etc.)
- Explain the relationship between a profession and a code of ethics
- Describe what a code of ethics/conduct/ professional behavior is and why is it important
- Describe what ethics and professional conduct means to you (Accountant)
Choose a code of ethics/conduct for another profession (e.g. medical professionals, marketers) Compare and contrast the code with APES110. Are there any principles common to both? How do they differ? Are some principles particular to accounting or are they all transferable to other professions?
Your report should consist of:
- Title page;
- Table of contents;
- Executive Summary;
- Introduction
- Bodyof the report answering the questions listed above;
- Conclusion; and
- References(APA reference style - 6th version)
Rationale
Ethics and professional conduct are extremely important in the workplace and different professions have different requirements and expectations of their members. Accountants are expected to comply with APES110. Furthermore, as part of your entry into CPA Australia or ICAA, you will undertake an ethics module. Knowledge of your professional code of ethics should stand you in good stead for your future studies, and for your professional development.