Ethics & Integrity

Jurisdiction

The Disciplinary Boards oversees the disciplinary process for APSCA.  It is authorized to:

1. Make rules for the handling of complaints against Members and the discipline of Member Firms and Auditors.
2. Hear and decide cases involving alleged acts or omissions that violate the Code.
3. Discipline Members when it determines there has been a violation of the Code.
4. Take other such actions as is reasonably necessary to ensure an efficient and effective disciplinary system for APSCA.

Members are given 30 days to respond in writing and submit relevant supporting documentation and evidence to be considered by the Disciplinary Board, and shall have the right to appear in person or remotely before the Board.

To the extent feasible, APSCA shall present all matters to the Disciplinary Board in an anonymous format, without disclosing the name of the Member(s) involved.

The standard of review for the Disciplinary Board shall be a preponderance of the evidence, which generally means “more probable than not.”
The Appeals Board may only reverse a decision of the Disciplinary Board if it finds a clear error in the decision.

When the Disciplinary Board has reviewed an allegation that a Member Auditor has violated the Code, it may take any of the following types of actions.

1. No Action
2. Written Warning:  A written warning to the Member found to have violated the Code.
3. Demotion:  A demotion in the Member Auditor’s level.
4. Suspension:  A suspension of APSCA membership for a period of up to and including one year.
5. Revocation of APSCA Membership.

The Importance of Paying Attention to Ethics and Integrity During the COVID-19 Pandemic

COVID-19 has increased the financial and personal pressures for individual Member Auditors.  This added pressure may increase the temptation to take short cuts and to rationalize some unethical actions.  Therefore, ethics and integrity risks may increase during this difficult period.  It is more important than ever for companies, and for individual auditors, to understand and diligently follow APSCA’s Code and Standards of Professional Conduct.  Companies should monitor compliance, maintain strong oversight and internal controls, understand and address the pressures felt by employees, and continue to hold employees accountable for any misconduct.  

If you have any questions concerning compliance with the APSCA Code and Standards, please contact our Code and Compliance Manager, Carol Rice (carol.rice@theapsca.org).