THE REVISED ETHICS CODE
The revised Code establishes a conceptual framework for all professional accountants to ensure compliance with the five fundamental principles of ethics:
Professional Competence and Due Care.
ANTI-FRAUD LEADING EDGE DEVELOPMENT
The Certified Fraud Examiner (CFE) credential denotes proven expertise in fraud prevention, detection and deterrence. ... Certified Fraud Examiners (CFEs) perform a variety of services in many different industries throughout all sectors of an organization
PRIMARY IMPORTANCE OF INFORMATION TECHNOLOGY
IT presents risk factors that are unique to accounting, auditing and systems. That is, IT itself brings risk to the entity regarding its systems, business processes and financial/accounting processing. That risk is unique to IT and without IT being present, that risk would not exist—at least not to the same level. It takes a professional, such as an IT auditor, to identify and assess the inherent risk associated with IT.