New York State Code of Accounting EthicsIntroductionThe accounting system is constantly evolving. During these changes, it is important that accountants adhere to the high ethical standards they have always held. Maintaining high ethical standards is an accountant's obligation to the public, the profession and himself. The ethical conduct of an accountant generally falls into four different areas. This includes competence, confidentiality, integrity and objectivity. NYSSCPA.ORG states: “Members also have a continuing responsibility to cooperate with one another to improve the art of accounting, maintain the public trust, and fulfill the special responsibilities of the profession for self- governance. (Article 1). New York State expects its accountants to act in a manner that will serve the public interest. The public includes clients, lenders, governments, employers, investors, the business and financial community, and anyone else who relies on the information provided by the accountant. It is the responsibility of the accountant to maintain an appropriate level of professional competence through continuing education of their knowledge and skills. New York State also expects its accountants to perform their duties in accordance with applicable laws and regulations, and to provide clear and complete reports. It is important that accountants maintain their integrity. Often, accountants are faced with questionable situations. It is important for the accountant to avoid situations of apparent conflicts of interest and to inform other public interests of these conflicts. Accountants should refuse gifts and favors that appear to influence their actions and should refrain from any activity that could impair their ability to perform their duties ethically. NYSSCPA.ORG states: “Integrity requires that a member be, among other things, honest and forthright within the constraints of client confidentiality.” (Article 3). Accountants must be willing to recognize and communicate professional limitations that would prevent the successful performance of their activities. They are expected to communicate both unfavorable and favorable information. Client Confidentiality Client confidentiality is very important in the accounting profession. New York State requires accountants not to share any client information without the client's specific consent. However, in certain circumstances, the state deems it necessary for an accountant to share information about their clients. Examples of these circumstances include an accountant's receipt of a subpoena or subpoena or an accountant's participation in an actual or threatened legal proceeding or alternative dispute resolution procedure (NYSSCPA)..