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AMA versus AICPA code of ethics

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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 ...

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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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Please discuss the ethical implication of the professional duty of confidentiality (not sharing client's information with others). Specifically, (1) discuss Tarasoff v. Regents of the University of California case) where a psychologists decision became legally problematic even though it followed the professional code of confidentiality. (2) Or discuss Fund of Funds, Ltd. V. Arthur Andersen & Co. case In the accounting profession, the professional duty of confidentiality is limited or overridden by the court of law under special conditions.

Based on these two cases, how should professionals interpret the duty of confidentiality? Answer the question by explaining Armstrong's view "Professional confidentiality are both Deontological and Utilitarian" and "...a Social Contract between professions and the larger society" Is it ethically justifiable for the court of law overrides the code of ethics (such as AMA code of ethics, and AICPA code of ethics)? Is it reasonable to punish a professional because she followed a fully established professional code?

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