CPA Code of Ethics - Guidance for Members in Business

Who does the Code apply to?

The objectives and principles of the Code of Ethics apply to all members in public practice, industry, commerce, the public sector or education.

Why do we need a Code?

A strong ethical base is the hallmark of any profession. The Institute's guidance on ethical conduct ensures that members of the public can maintain their confidence in the independence and integrity of CPAs. Guidance on ethical conduct is contained within the Institute’s Code of Ethics.

How does the Code apply to members in business?

The Code contains ethical requirements for all CPAs under the following headings:
  • Integrity and Objectivity
  • Resolution of Ethical Conflicts
  • Professional Competence
  • Confidentiality
  • Tax Practice
  • Cross Border Activities
  • Publicity
In addition, the Code contains ethical requirements for all employed CPAs under the following headings:
  • Conflict of Loyalties
  • Support for Professional Colleagues
  • Professional Competence
  • Presentation of Information

The Institute’s Code of Ethics is based on the international code of ethics as established by IFAC (International Federation of Accountants). 

The CPA Institute issued a revised code of ethics for CPA members in June 2016 in line with the revised code as issued by IFAC.