A code of professional conduct typically includes principles, rules of conduct, and interpretations or examples. What is the purpose of the principles?
A) to state what a practitioner must do for each audit engagement conducted
B) to provide discussions of the rules of conduct and how they relate to practical situations
C) to provide minimum standards of ethical conduct stated specifically
D) to provide ideal standards of ethical conduct stated in philosophical terms

Question

Quizplus · Accepted Answer

The purpose of the principles in a code of professional conduct is to provide ideal standards of ethical conduct stated in philosophical terms, rather than specific rules of conduct or interpretations/examples. The principles serve as a framework for understanding the values and ideals that underlie the code of conduct, and guide practitioners in making ethical decisions in a wide variety of situations.

A Code of Professional Conduct Typically Includes Principles, Rules of Conduct