Access the AICPA’s Code of Professional Conduct. Read the sections on integrity (0.300.040), Objectivity and Independence (0.300.050) and Due Care (0.300.060). Note that section (0.300.040.05) indicates that “Integrity also requires a member to observe the principles of objectivity and independence and of due care”. Discuss the following:
1. Why is objectivity and independence a necessary component of integrity, according to the AICPA?
2. Why is independence a necessary component of integrity, according to the AICPA?
3. Are these principles consistent with a Christian ethical perspective?
4. Discuss a personal or professional situation in which integrity was impacted by objectivity/independence or due care.