Code of Professional Ethics in AAT - AAT Qualifications

"All members of AAT have to adhere to the Code of Ethics comprising of 5 fundamental principles. To become an AAT member, join Future Connect Training AAT Courses."


AAT Code of Ethics AAT Membership MAAT

A member of AAT has more than AAT qualifications. The license is well recognized and respected through a wide range of businesses. In maintaining an excellent reputation in offering quality training, there is a need for our members to have a professional approach which should be evident in their lives.

Code of Ethics explains our exception in high standards, quality training, and our members' top-notch professionalism. It provides its advantages to us as an Association and to all of AAT members who have done AAT Bookkeeping courses or any of the AAT courses.

To help our members uphold these standards and offer the highest levels of professional service at all times, we opted to publish the AAT Code of Professional Ethics, which are set out of fundamental ethical principles with supporting guidance.

Code Outline

The Code outlines the required standards of professional behaviour with guidance to help you achieve them

  • It also helps you to protect the public interest
  • And to maintain AAT's good reputation, which is gained by providing AAT Bookkeeping and AAT courses.

It is based on the Code of Ethics for Professional Accountants licenced by the International Ethics Standards Board for Accountants (IESBA), which commenced on the 1st of January 2011. However, several revisions were made to this Code but are incorporated by AAT, a full member of IFAC. As outlined in the constitution, the mission statement of IFAC is "the worldwide growth and development of an accountancy profession with harmonized standards and of course, provides services of very high quality to the public".



Contribution of IFAC Board

In achieving this mission, the IFAC Board established IESBA to develop high quality and issue out its high-quality authority ethic and standard and pronouncements for its members for use around the world. The IESB is the Code of Ethics, on which this code establishes ethical requirements for IFAC members.

According to the IESBA Code, the code emulates a principles-based approach. It does not cover situations where members meet professional, ethical issues, stating how they should respond. Instead, it prefers a value system that focuses on essential professional and ethical principles, which are the core reasons for a proper code.

They must adhere to the code in supplementing this; the code also gives detailed guidance that is of specific importance to members of AAT to see that various basic principles in word and spirit adhere in all of their professional activities.

Five Fundamental Principles

This Code, therefore, sets out a Code of five fundamental principles which members must follow:

- Integrity

- Objectivity

- Professional competence and due care

- Confidentiality

- Professional behaviour


It establishes a framework that members must follow to help them identify and tackle threats to comply with the basic principles and respond appropriately to them.

The Code is in three parts: Part A applies to all members, part B represents additional guidance, which refers specifically to licensed members, and part C applies specifically to members in the business.

AAT Code of Ethics AAT Membership MAAT

A distinguishing mark of the accounting career is its acceptance of responsibilities to act in the public interest.

This Code appears in three segments in which Part-A establishes the Code of fundamental principles of professional ethics for members and set a conceptual framework for applying those principles. The theoretical framework creates guidance on fundamental ethical principles, which requires members with AAT Accounting qualifications to use.

This policy framework enables them to identify threats to comply with the fundamental laws and evaluate their significance. If such risks are not significant, there is a need to apply specific measures to eliminate them so that the underlying principles are not compromised.

Parts B and C show how the conceptual framework is applicable in particular scenarios. They show examples of safeguards that are ideal for addressing threats to compliance with the basic principles as they describe situations where safeguards are not available to address the risks. Indeed, the Code of Ethics can avoid the activities or relationships creating dangers. Part B applies to licensed members. Part C applies to members of the business. Authorized members may also find Part C relevant to their particular circumstances.



Fundamental principles

A member will comply with the following fundamental principles no matter if it is AAT Bookkeeping, AAT Accounting qualification or any other AAT courses:

  • Integrity has to be straightforward and honest in all professional and business relationships.
  • Objectivity used so has not to allow bias, conflict of interest of others to override professional or business judgments.
  • Being a professional in all you do is necessary to ensure maximum expert knowledge and skill used at the level required to ensure that an employer or your client receives ideal professional service of current practice and techniques developments. A member shall act by and diligently with applicable technical and professional ethical standards when providing professional services.
  • Confidentiality means acting according to the law, respecting the trusting of information received because of professional and business relationships, and not disclosing any such information to third parties before a prim8 and appropriate authority unless there is a legal or professional right or duty to disclose. Confidential information is acquired, and because of such, professional and business relationships shall not be used for the personal advantage of its members or third parties.
  • Professional behaviour is to comply with relevant laws and regulations and avoid any conduct that discredits the profession.