what exactly is the ethical code of conduct and why is it necessary for profession?
Hi Utkarsh,
Ethical code of conduct refers to a set of certain rules and regulations that guide the behaviour of the people working in an organisation. In a profession, it is necessary to have a code of conduct so as to ascertain the behaviour or conduct of the professionals in a particular manner. For instance, in case of Chartered Accountant, the ICAI (The Institute of Chartered Accounts of India) draws out certain rules and regulations which are a must to follow by all the chartered accountants. These rules thus form the code of conduct for the CAs.
In case you still have any doubt, do get back to us.
Ethical code of conduct refers to a set of certain rules and regulations that guide the behaviour of the people working in an organisation. In a profession, it is necessary to have a code of conduct so as to ascertain the behaviour or conduct of the professionals in a particular manner. For instance, in case of Chartered Accountant, the ICAI (The Institute of Chartered Accounts of India) draws out certain rules and regulations which are a must to follow by all the chartered accountants. These rules thus form the code of conduct for the CAs.
In case you still have any doubt, do get back to us.