Jamnik, Anton2019-09-252019-09-252013-06-092011http://hdl.handle.net/20.500.12424/190430The American Heritage Dictionary defines profession as "the body of qualified persons in an occupation or field." A major characteristic of a "qualified person" is the specialized knowledge of the profession: medical knowledge for medical doctors, accounting knowledge for certified public accountants (CPAs). Professionals have an ethical responsibility to have acquired the specialized knowledge before offering their professional services. Professionals are also expected to keep abreast of the knowledge enhancements through continuing professional education. Another characteristic of professionals is that they possess the mental attitude of serving the public with the best of their ability so as to earn the public trustHow does a profession enforce these ethical responsibilities? It should be achieved by self-monitoring, supported by a viable code of conduct. In fact, the existence of a code of professional conduct is considered a hallmark of any profession.engWith permission of the license/copyright holderethical codeaccounting professionethical responsibilityEconomic ethicsBusiness ethicsArticle