Ethics for Financial Professionals Report

Running Head: Ethics for financial professionals
Ethics for financial professionals
Name of the Student
Name of the University
Author Note

1
Ethics for financial professionals
Table of Contents
Response to question 2...............................................................................................................2
Response to question 4...............................................................................................................3
Response to question 6...............................................................................................................4
References..................................................................................................................................6

2
Ethics for financial professionals
Response to question 2
There are certain Code of Ethics which have been adopted by the Board of Directors
of Trans-Century Resources and these are applicable to the Chief Executive Officers of the
company and the Chief Financial Officer of the company. This code makes the Senior
Financial Officer to focus on the areas of ethical risk and it also provide guidance for helping
them to recognize and deal with the ethical issues. It also provides a mechanism for reporting
any unethical conduct, to create a culture of accountability and honesty and to promote a true
and fair disclosure of the financial reporting in accordance with the law (Carr 2020).
There are certain duties which have to be undertaken by The Senior Financial Officers
in order to adhere to an ethical code of high standard. This code normally serves as a source
of guiding principles and the senior Financial Officers are supposed to raise questions about
particular circumstances to the Audit Committee for consulting with the legal counsel with
provisions to this code (Jaijairam 2017). These guidelines include-
 The disclosure of true, fair and accurate financial reports and other filings according
to the Securities and Exchange Commission (SEC) is the responsibility of the Senior
Financial Officers.
 The company policy should comply with the rules and regulations, laws of the
business operations and it is the responsibility of the Senior Financial Officers to see
whether the policy is adhered to the laws and rules.
 It is the duty of the Senior Financial Officer to disclose about the matters which can
affect the ability of the company to prepare the financial data to the Board of
Directors and the Audit Committee.