Professional Ethics

Ethical, Ethics
Ethics refers to moral and professional principles that guide the conduct of individuals and organizations. It is crucial for maintaining public confidence and integrity in various professions, including business, accounting, law, and others.
International Federation of Accountants (IFAC)
The IFAC is a global organization formed in 1977 to develop a high-quality, harmonized international accountancy profession. It collaborates with 175 member organizations in 130 countries and supports four independent standard-setting bodies.
REALTOR
A professional in real estate who subscribes to a strict code of ethics as a member of the local and state boards and the National Association of Realtors.
Uniform Standards of Professional Appraisal Practice (USPAP)
The Uniform Standards of Professional Appraisal Practice (USPAP) outlines the ethical standards and requirements for professional appraisers to ensure competency and transparency in the appraisal process.

Accounting Terms Lexicon

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