I've attached codes of ethics for two professional organizations for accountants - the IMA is an organization of corporate accountants and finance professionals, while the AICPA is an organization for public accountants (employees of essentially an accounting consulting company, who conduct external audits of companies' financial statements). Choose one question to discuss per post:

• Public companies are required to have a corporate code of ethics (or code of conduct) under Section 404 of the Sarbanes-Oxley Act, so what additional purpose would a professional code of ethics serve?