Corporate code of ethics
A corporate code of ethics states the principles and expected conduct an organisation uses to guide its people. It may address conflicts, gifts, fair treatment, information, reporting concerns and accountability. Training, leadership behaviour, practical support and enforcement help make it effective; publication alone does not establish an ethical culture.
Worked example
A purchasing code requires staff to declare supplier gifts, explains who reviews declarations and provides a confidential route for reporting pressure to accept inducements. Managers apply it to senior staff as well as junior buyers.
Common mistake
Confusing an employer’s corporate code with a professional body’s code, or assuming compliance with the employer’s policy satisfies every professional and legal obligation.
Where it appears in your exams
| Qualification | Exam | Relationship | Period |
|---|---|---|---|
| ACCA | BT | Direct | September 2026–June 2027 |
| ACCA | SBL | Supporting | September 2026–June 2027 |
| FIA | FBT | Direct | September 2026–June 2027 |