Purpose of Professional Ethics
Professional ethics must extend beyond moral principles. They include standards of behavior for professional people that are designed for both practical and idealistic purposes.
(a) Responsibilities: In carrying out auditors responsibilities as professionals should exercise sensitive and moral judgments in all their activities.
(b) The Public Interest: To maintain and broaden public confidence members should accept the obligation to act in a way that will serve and honor the public.
(c) Integrity: To maintain and broaden public confidence, members should perform all responsibilities with integrity to maintain public confidence.
(d) Objectivity and Independence: A members should maintain objectivity and be free of conflicts of interest in discharging professional responsibilities. A member in public practice should be independent in fact and appearance when providing auditing and other attestation services.
(e) Due Care: A member should observe the professional technical and ethical standards. Members, strive to improve competence and quality of service and discharge professional responsibility to the best of the member’s ability.
(f) Scope and Nature of Services: A member in public practice should observe the Principles of the Code of Professional Conduct in determining the scope and nature of services be provided.
We propose that professional competence is the habitual and judicious use of communication, knowledge, technical skills, clinical reasoning, emotions, values, and reflection in daily practice for the benefit of the individual and community being served.