2. Deloitte is one of the “Big four” accounting firms
and the largest professional services network in
the world by revenue and number of
professionals.
Deloitte provides Audit, Tax, Consulting,
Enterprise risk and Financial advisory services
with more than 244,400 professionals globally.
3. “ A code of conduct is a set of rules outlining the
social norms and religious rules and
responsibilities of, or proper practices for, an
individual, party or organization.
4. In 2007, International Good Practice Guidance, “
Defining and Developing an effective code of
conduct for organizations” the International
Federation of Accountants provided the following
definition:
“ Principles, values, standards, or rules of behaviour
that guide the decisions, procedures and systems of
an organization in a way that (a) contributes to the
welfare of its key stakeholders, and (b) respects the
rights of all constituents affected by its operations.”
5. Honesty & Integrity
Professional behaviour
Competence
Objectivity
Confidentiality
Fair business practices
Responsibility to society
Respect and fair treatment
Accountability and decision making
6. Code of Basics
Recommended Elements
Areas of Risk
Potential Code Topics
Implementation
7. 80%
6%
5% 3% 3%
2%
1%
My job does not cause
conflict
High levels of stress
Long hours
Fast-paced environment
Inflexible Schedule
Personal Values conflict
with my company's core
value
8. When asked why people make unethical
decisions in the workplace, 80% of employed
adults cited lack of personal integrity.
The second most frequently cited reason was
job dissatisfaction, at 60% .
9. 31%
23%16%
15%
15%
Full time
Lack of personal
Integrity
Job Dissactisfaction
Financial Rewards
Pressure to meet goals
Ignorance of code of
conduct
10. When asked why people make unethical
decisions in the workplace, 80% of employed
adults cited lack of personal integrity.
The second most frequently cited reason was
job dissatisfaction, at 60% .
11. The Code Language should be simple, concise,
and readily understood by all employees.
The code should not be Legalistic
The Code should apply to all employees and be
global in scope.
12. The company’s mission statement, vision, values
and guiding principles that reflect the company’s
commitment to ethics, integrity, and quality.
An ethical decision framework to assist
employees in making choices.
Enforcement and implementation mechanisms
that address the notion of accountability and
dicipline for unethical behaviour
13. It is important that a code cover relevant and
important issues or risk areas.
Code content and depth of coverage on a specific
topic may vary by industry corporate objectives,
or past corporate history, i.e., a company
operating under a corporate integrity agreement
or with a history of ethical violations or
infractions.
14. The following is a list of issues, topics and risk areas that could be addressed
in a company’s code, either under their own subject heading or as a part of a
broader topic:
Accurate Records, Reporting and Financial Management
Billing for services
Customer Service
Consultation
Copyrights
Discrimination
Fraud
Honesty and Trust
Security
Quality
Marketing, Sales, Advertising and Promotion
Health and Safety
15. Assign a core team, reporting to the Chief Ethics
and Compliance officer, the task of drafting the
code. There are some steps for the code of
development or enhancement which required for
the successful completion.
16. Good company culture
Creating agreed way of behaving and operating
for entire company
Good communication with employees
Having set of values
Improved company performance