AICPA Code Of Professional Conduct Analysis
In addition to Belk’s comments on professional judgment, the AICPA Code of Professional Conduct provides additional advice in section 2.000.020.02 Ethical Conflicts. It says, “Once an ethical conflict is encountered, a member may be required to take steps to best achieve compliance with the rules and law. In weighing alternative courses of action, the member should consider factors such as the following: a. relevant facts and circumstances, including applicable rules, laws, or regulations, b. ethical issues involved, and c. established internal procedures (AICPA, 2014). When a situation occurs that needs this level of judgment, ones personal judgment should jump to evaluating the differing end results which leads to a professional judgment