Codifying the Fundamental Principles of ‘Professional Behavior'

Strengthening Professionalism by Enhancing Moral Conduct

Steven M. Mintz, PhD, CPA

In BriefActs considered “discreditable to the profession” are those that bring harm to one's reputation or that of the profession. Acts of “moral turpitude” illustrate deviations from ethical norms that should be considered discreditable because they reflect conduct that is tied to lapses in personal judgment and the failure to act with good moral character. The AICPA Code of Professional Conduct should include a new principle on professional behavior, similar to that in the International Ethics Standards Board for Accountants (IESBA) Code, that addresses both professional and personal acts that may raise questions in the mind of the public whether accounting professionals are meeting their social responsibilities and acting in the public interest.