Code of Ethical Principles and Rules of Conduct

Code of Ethical Principles and Rules of Conduct
Version 2.12

ISBN: 1-55219-024-2
Additional copies can be obtained from:
Certified General Accountants Association of Canada
100 – 4200 North Fraser Way
Burnaby, BC
Canada V5J 5K7
© CGA-Canada, 2011
All rights reserved. These materials or parts thereof may not be reproduced or used in any manner without the prior written permission of the Certified General Accountants Association of Canada.
Second Edition, Version 2.12
Printed in Canada

PRO 170/11

CGA-Canada

Code of Ethical Principles and Rules of Conduct

TABLE OF CONTENTS
Code of Ethical Principles . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

4

Rules of Conduct . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

5

Responsibilities to Society . . . . . . . . . . . . . . . . . . . . . . . . . . . .

5

Trust and Duties . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

8

Due Care and Professional Judgement . . . . . . . . . . . . . . . . . . . 11
Deceptive Information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
Practice of the Profession. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
Responsibilities to the Profession . . . . . . . . . . . . . . . . . . . . . . . 20
Definitions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23

June 2011

Page 1

CGA-Canada

Code of Ethical Principles and Rules of Conduct

A professional organization and its members are granted the legal right by society to organize themselves, to control entrance into the profession, and to formulate standards of behaviour governing its members. In return for this right, members of the profession are to act in the interest of society and its members. Provincial and Federal Acts, and the Code of Ethical Principles and
Rules of Conduct formalize this arrangement. In order to fulfil this responsibility,