ICAS Code of Ethics – The Five Fundamental Principles

By CA Student Blog

6 April 2016

As a Student Member you are already bound by the ICAS Code of Ethics.

As well as using it within your studies, you should use it day to day whenever you are faced with a possible ethical situation or to review an external situation.

The five principles are set out below and would be a great addition to your office wall!


To be straightforward and honest in all professional and business relationships.


To not allow bias, conflict of interest or undue influence of others to override professional or business judgements.

Professional competence and due care

To maintain professional knowledge and skill at the level required to ensure that a client or employer receives competent professional service based on current developments in practice, legislation and techniques and act diligently and in accordance with applicable technical and professional standards.


To respect the confidentiality of information acquired as a result of professional and business relationships and, therefore, not disclose any such information to third parties without proper and specific authority, unless there is a legal or professional right or duty to disclose, nor use the information for the personal advantage of the member or third parties.

Professional behaviour

To comply with relevant laws and regulations and avoid any action that discredits the profession.


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