Code of Conduct

Summary

Every organization should have a set of basic principles — a "code of conduct" — by which it conducts its business. This code should require every employee to (1) comply with all applicable laws and regulations and (2) adhere to the highest ethical standards. Specifically, every organization's code of conduct should provide clear policies and practices regarding —

  • Honesty and fairness;
  • Diversity and respect;
  • Conflicts of interest;
  • Information security;
  • Business records;
  • Electronic communications;
  • Health, safety and the environment;
  • Alcohol and drug abuse;
  • Workplace violence;
  • Political activity;
  • Insider trading;
  • Fair disclosure;
  • Anti-competitive conduct;
  • Bribery and kickbacks;
  • Sanctions and trade embargoes;
  • Working with integrity; and
  • Reporting violations.

Every organization should provide training that explains its code of conduct to employees. This training should also enable employees to (1) recognize legal and ethical issues as they arise in the workplace, (2) respond appropriately to those issues, and (3) perform their jobs with integrity.

Organizations without a formal code of conduct can train employees on the same topics in an "Ethics and Compliance Basics" course without reference to a code. Organizations that do government contracting need to augment their basic code of conduct training with instruction on the Federal Acquisition Regulation (FAR).

© WeComply/Thomson Reuters

Key Resources

For your convenience, ACC has compiled the following key resources to assist you in your compliance efforts.

For more try searching ACC's online library for "Awareness and Training"

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