1. Ethics in Accounting

2. What are ethics Ethics is the study of our notions of right and wrong In essence ethics are our moral compass

3. Business Ethics Business ethics are policies and practices that reflect a companies core values Can be seen by how employees and customers are treated and how the company attends to shareholder value, community service, supplier relationships and regulatory law

4. Establishment of a Business Ethics Program Law as a guide Statement of company values Training and outreach Ethics committees Enforcement

5. Law as a guide Law attempts to formally define the general publics idea about what is right and wrong

6. Statement of company values Defined in a code of ethics Conflicts of interest Product quality and testing Customer and employee relations Expense reports Security Safety Technology Whistleblowing

7. Training and outreach Ensures the code of ethics is properly communicated and trained to ensure employees are well versed in the policy

8. Ethics committees Enforces standards Settles disputes of the ethical dilemma nature

9. Enforcement Bite behind the bark Enforcement in necessary to achieve an ethical work environment Many companies code of conduct addresses penalty

10. Important to the operation, management and development of business Avoid harm to the stockholder Optimize interest of the public Adhere to the universal standard of what is right Respect the human rights of all

11. Individuals Business Society

12. Individuals Business Society

13. Integrity Objectivity Independence Competence Confidentiality

14. American Institute of Certified Public Accountants Institute of Management Accountants Institute of Management Auditors