RT Article
T1 An Analysis of International Accounting Codes of Conduct
JF Journal of business ethics
VO 87
IS 1
SP 173
OP 183
A1 Clements, Curtis
A1 Neill, John D.
A1 Stovall, O. Scott
LA English
PB Springer Science + Business Media B. V
YR 2009
UL https://www.ixtheo.de/Record/178563464X
AB The International Federation of Accountants (IFAC) has recently issued a revised “Code of Ethics for Professional Accountants” (IFAC Code). As a requirement for membership in IFAC, a national accounting organization must either adopt the IFAC Code or adopt a code of conduct that is not “less stringent” than the IFAC Code. In this paper, we examine the extent to which 158 national accounting organizations have adopted the revised IFAC Code as their own. Our results indicate that 80 of our sample organizations have adopted the IFAC Code (sometimes with minor modifications), while the remaining 78 opted not to utilize the model IFAC Code. We then test the hypothesis that national accounting organizations in lower income economies would be less likely to adopt the IFAC Code than those in high income economies. Our results do not support the hypothesis. We argue that one potential reason for such a finding is that adopting the IFAC Code may be a cost effective means of adopting a code of ethics for organizations in lower income economies.
K1 IFAC
K1 codes of ethics
K1 codes of conduct
K1 Accounting Profession
DO 10.1007/s10551-008-9811-3