Similarities and differences between ethical codes of conduct of AICPA and IFAC
An accountants’ ethical code of conduct represents the moral values, principles and rules that accountants should have.The ethical codes of conduct of AICPA and IFAC are the two main codes most countries adopt to guide their members on how to deal with accounting information from the ethical perspec...
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Universiti Utara Malaysia
2015
|
| Subjects: | |
| Online Access: | https://repo.uum.edu.my/id/eprint/21247/1/IJMS%2022%20S%202015%2061%2079.pdf |
| _version_ | 1803628118887366656 |
|---|---|
| author | Al-Aidaros, Al-Hasan Md Idris, Kamil Mohd Shamsudin, Faridahwati |
| author_facet | Al-Aidaros, Al-Hasan Md Idris, Kamil Mohd Shamsudin, Faridahwati |
| author_sort | Al-Aidaros, Al-Hasan |
| collection | UUM |
| description | An accountants’ ethical code of conduct represents the moral values, principles and rules that accountants should have.The ethical codes of conduct of AICPA and IFAC are the two main codes most countries adopt to guide their members on how to deal with accounting information from the ethical perspective.While the AICPA ethical code of conduct was developed specifically for the USA, the IFAC ethical code of conduct was developed by taking into account the different practices of ethical code of conduct in various countries.The main purpose of this paper is to present an overview of the similarities and differences of these two codes.The comparison of the two documents is made on the following issues: establishment, structure and approach of the codes, the public interest principle, and the independence principle. The comparative analysis shows that the AICPA and IFAC codes are more similar than different even though some differences are noticeably important. |
| first_indexed | 2024-07-04T06:16:53Z |
| format | Article |
| id | uum-21247 |
| institution | Universiti Utara Malaysia |
| language | English |
| last_indexed | 2024-07-04T06:16:53Z |
| publishDate | 2015 |
| publisher | Universiti Utara Malaysia |
| record_format | dspace |
| spelling | uum-212472017-03-01T08:31:15Z https://repo.uum.edu.my/id/eprint/21247/ Similarities and differences between ethical codes of conduct of AICPA and IFAC Al-Aidaros, Al-Hasan Md Idris, Kamil Mohd Shamsudin, Faridahwati HF5601 Accounting An accountants’ ethical code of conduct represents the moral values, principles and rules that accountants should have.The ethical codes of conduct of AICPA and IFAC are the two main codes most countries adopt to guide their members on how to deal with accounting information from the ethical perspective.While the AICPA ethical code of conduct was developed specifically for the USA, the IFAC ethical code of conduct was developed by taking into account the different practices of ethical code of conduct in various countries.The main purpose of this paper is to present an overview of the similarities and differences of these two codes.The comparison of the two documents is made on the following issues: establishment, structure and approach of the codes, the public interest principle, and the independence principle. The comparative analysis shows that the AICPA and IFAC codes are more similar than different even though some differences are noticeably important. Universiti Utara Malaysia 2015 Article PeerReviewed application/pdf en https://repo.uum.edu.my/id/eprint/21247/1/IJMS%2022%20S%202015%2061%2079.pdf Al-Aidaros, Al-Hasan and Md Idris, Kamil and Mohd Shamsudin, Faridahwati (2015) Similarities and differences between ethical codes of conduct of AICPA and IFAC. International Journal of Management Studies (IJMS), 22 (S). pp. 61-79. ISSN 2232-1608 http://ijms.uum.edu.my/images/pdf2/22SP2015/5sp2015.pdf |
| spellingShingle | HF5601 Accounting Al-Aidaros, Al-Hasan Md Idris, Kamil Mohd Shamsudin, Faridahwati Similarities and differences between ethical codes of conduct of AICPA and IFAC |
| title | Similarities and differences between ethical codes of conduct of AICPA and IFAC |
| title_full | Similarities and differences between ethical codes of conduct of AICPA and IFAC |
| title_fullStr | Similarities and differences between ethical codes of conduct of AICPA and IFAC |
| title_full_unstemmed | Similarities and differences between ethical codes of conduct of AICPA and IFAC |
| title_short | Similarities and differences between ethical codes of conduct of AICPA and IFAC |
| title_sort | similarities and differences between ethical codes of conduct of aicpa and ifac |
| topic | HF5601 Accounting |
| url | https://repo.uum.edu.my/id/eprint/21247/1/IJMS%2022%20S%202015%2061%2079.pdf |
| work_keys_str_mv | AT alaidarosalhasan similaritiesanddifferencesbetweenethicalcodesofconductofaicpaandifac AT mdidriskamil similaritiesanddifferencesbetweenethicalcodesofconductofaicpaandifac AT mohdshamsudinfaridahwati similaritiesanddifferencesbetweenethicalcodesofconductofaicpaandifac |