The existence of an accounting code of ethics is important to accountants and the people that they serve. Anyone who becomes a part of an accounting organization agrees to follow the accounting code of ethics. An organization's accounting code of ethics is normally self-regulated. There is no government involvement unless there has been a crime committed or the public is involved. CPAs that
. work for large corporations are heavily scrutinized by the SEC. Check out this link for more information on the accounting code of ethics: http://www.aicpa.org/About/code/index.html.