What are the important points that can be learned from the the code of professional ethics. What are the most recent ACFE Code of Professional Ethics, discuss in one or two sentences after each Code of Professional Ethics statement below and the meaning of the statement in simple words CODE OF PROFESSIONAL ETHICS An ACFE Member shall, at all times, demonstrate a commitment to professionalism and diligence in the performance of their duties. An ACFE Member shall not engage in any illegal or unethical conduct, or any activity which would constitute a conflict of interest that has not been properly disclosed to the appropriate parties. An ACFE Member shall, at all times, exhibit the highest level of integrity in the performance of all professional assignments, and will accept only assignments for which there is reasonable expectation that the assignment will be completed with professional competence. An ACFE Member will comply with the lawful orders of the courts, and will testify to matters truthfully and without bias or prejudice. An ACFE Member, in conducting examinations, will obtain evidence or other documentation to establish a reasonable basis for any opinion rendered. No opinion shall be expressed regarding the guilt or innocence of any person or party. An ACFE Member shall not reveal any confidential information obtained during a professional engagement without proper authorization. An ACFE Member shall reveal all material matters discovered during the course of an examination, which, if omitted, could cause a distortion of the facts. An ACFE Member shall continually strive to increase the competence and effectiveness of professional services performed under their direction.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

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What are the important points that can be learned from the the code of professional ethics.

What are the most recent ACFE Code of Professional Ethics, discuss in one or two sentences after each Code of Professional Ethics statement below and the meaning of the statement in simple words

CODE OF PROFESSIONAL ETHICS

An ACFE Member shall, at all times, demonstrate a commitment to professionalism and diligence in the performance of their duties.
An ACFE Member shall not engage in any illegal or unethical conduct, or any activity which would constitute a conflict of interest that has not been properly disclosed to the appropriate parties.
An ACFE Member shall, at all times, exhibit the highest level of integrity in the performance of all professional assignments, and will accept only assignments for which there is reasonable expectation that the assignment will be completed with professional competence.
An ACFE Member will comply with the lawful orders of the courts, and will testify to matters truthfully and without bias or prejudice.
An ACFE Member, in conducting examinations, will obtain evidence or other documentation to establish a reasonable basis for any opinion rendered. No opinion shall be expressed regarding the guilt or innocence of any person or party.
An ACFE Member shall not reveal any confidential information obtained during a professional engagement without proper authorization.
An ACFE Member shall reveal all material matters discovered during the course of an examination, which, if omitted, could cause a distortion of the facts.
An ACFE Member shall continually strive to increase the competence and effectiveness of professional services performed under their direction.

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