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AMA versus AICPA code of ethics

Please help differentiate Professional Code of Conduct versus a Statement of Ethics.

Does the terminology make a difference? Why or why not? If you compare the American Marketing Association and the Certificate Public Accounts code of ethics and statement of ethic what are some of the major contracts and components?

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A code of conduct usually specifies behaviors and a statement of ethics would specify overall principles. For example, a code of conduct would say that you cannot accept an audit if your fee is based on a percent of the client's revenue (prohibited behavior). A statement of ethics would state that members must adhere to the highest level of personal integrity (principle of integrity). The terminology would not really make a difference to me. They both indicate a concern to not abuse power or information or take advantage of others just ...

Solution Summary

Your tutorial is 306 words plus two references and explains how these are similar but different. The general idea of both is given.

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