This article discusses the APES 110 Code of Ethics for Professional Accountants and its significance in guiding accounting professionals in their work. It explains the role of the APESB in developing and issuing ethical standards, the fundamental principles of the code, and the application of the code to different categories of accountants. The article emphasizes the importance of following ethical standards to ensure the public interest is served and provides examples of threats and safeguards in compliance with the code.