Ethical standards pronounced by the AICPA and the Department of the Treasury serve as needed guardrails designed to regulate professional behaviors for individuals working in both public accounting and in industry. During this session, we’ll review two important publications issued by these rulemaking bodies:

1. The AICPA Code of Professional Conduct
2. Circular 230, Regulations Governing Practice before the Internal Revenue Service

Additionally, we’ll examine the tenets of accounting ethics including a review of recent trends.

Field of Study: Regulatory Ethics