Ethics:

Ethics in the accounting profession is defined as guidelines and principles. It includes laws and standards of behavior.

AICPA

AICPA stands for the American Institute of Certified Public Accountants. It is founded in 1887. AICPA is set up in the United States and it is the national professional organization of Certified Public Accountant.

Employee:

An employee is the person works for the organization and received for that work done by them for the organization.

There are three levels of management, top management, middle management, and lower management. Top management set objectives, make a plan and take decisions of the organization.

Management is hired by the shareholder (owner) to make a daily decision and to run the company for them. Management set objectives, make a plan and take decisions of the organization. They also oversee the operation of the organization.