Ethical compliance is key to maintaining public confidence in the accountancy profession. All AAT members are bound by AAT’s Code of Professional Ethics (PDF).
Our Code of Professional Ethics is based on the IESBA Code of Ethics for Professional Accountants and sets out the five fundamental principles with which all AAT members must comply. In addition, AAT publishes supporting guidance on topics of specific interest:
- Ethical leadership and culture (PDF)
- Ethics and sustainability (PDF)
- Digital ethics (PDF)
- Ethics and regulations (PDF).
AAT independence provisions relating to review and assurance engagements
Sections 290 and 291 provide specific guidance on independence requirements for licensed members who perform review and assurance engagements.
The full provisions relating to this can be found within the AAT Code of Professional Ethics: independence provisions relating to review and assurance engagements (PDF).
Professional conduct in relation to taxation (PCRT)
Professional members working in tax must comply with the fundamental principles of behaviour outlined in Professional conduct in relation to taxation (PDF). This guidance has been produced by AAT, ACCA, ATT, CIOT, ICAEW, ICAS and STEP, and has been effective since 1 March 2019.
- A: Tax filings
- B: Tax planning
- C: Dealing with errors
- C2: Dealing with errors – Members in business
- D: Request for data by HMRC
- E: Members' personal tax affairs
AAT disciplinary processes and tribunals
If a member has breached our Code of Professional Ethics we will take disciplinary action where necessary to ensure that AAT membership retains its high standards.
AAT’s ethical helpline will help if you need to talk about an ethical dilemma at work or within your firm. We can discuss the situation, the options available to you and the safeguards you can put in place to ensure you continue to work in an ethically responsible way.