Aicpa

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In today’s business world, corporate or small business ethical accounting practices are of the essence. It is good moral and ethical accounting practices that protect an organization from unethical federal and governmental practices to include lawsuits and liabilities from misreporting of an organizations portfolio. The American Institute of Certified Public Accountants (AICPA) enables an organization to follow appropriate guidelines and regulations that govern ethical accounting practices. Organizations conforming to the practices of the AICPA can ensure healthy accounting practices conducted in their organization.
American Institute of Certified Public Accountants The AICPA is considered the foundation of ethical reasoning in accounting because According to Mintz and Morris (2011), the principles guide members in the performance of their professional responsibilities and call for an unyielding commitment to honor the public trust, even at the sacrifice of personal benefits. (Chapter Chapter 1, Ethical Reasoning: Implications for Accounting). The AICPA is founded on three underlining principles or fundamentals. They consist of public interest, integrity, and responsibilities. These principles as stated previously allow and guide professionals in delivering ethical practices for clients. It allows them to perform ethically sound actions even when no one is looking or observing.
Public Interest Working in light of the public carries a sound profile. A trusted profile which defines an organization or profession that provides a service. The members of the AICPA strive to perform the utmost services for the public. The accounting profession’s public consists of a multitude of patrons. As a certified public accountant it is of the essence that the members perform and apply genuine care and concern in providing a service to the public without bias. The many services…...

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