Coding standards provide guidelines for writing programs to make them easier to understand through unique and descriptive naming conventions, consistent indentation and spacing, and use of comments only where needed. Variables should be meaningfully named without abbreviations. Exceptions should specify the exact exception, and custom exceptions can be created; logging actual errors aids debugging. Methods should perform a single task with descriptive names and limited lines of code. Constants and empty strings replace hardcoding, and error messages help users. Files are logically organized with refactoring used for large files.