500 words in MS word-Compares the AICPA Code of Professional Conduct and the IMA Code of Professional Conduct
Describes the purpose and major elements of both codes and compares the two codes
Identifies the major similarities
Identifies and explains the major differences
Format paper according to APA guidelines.
1) Describes the purpose and major elements of both codes and compares the two codes.
The American Institute of Certified Public Accountants (AICPA) as well as the Institute of Management Accountants (IMA) sets professional code of conduct for accountants. Both the organizations emphasize that code of ethics should be strictly adhered by the accountants while performing their duties. They both have written code of ethics which each member is required to follow.
Both the AICPA and the IMA emphasize on maintaining integrity in their ethical conduct which means that accountants should be honest with their clients in all the situations and circumstances. They should keep their information confidential. Also, according to both the organizations an accountant must ...
Compares AICPA and IMA code of professional conduct.