Recommended Code of Ethics - Essay Example

All Employees must Act ethically and honestly while performing duties at the company. It is essential to avoid actual or apparent conflicts of interest between professional and personal relationships or between professional interests and other individual businesses in relation to duties and responsibilities given in the company. This includes avoiding investments, interest, or interferences of association. It is prudent to comply with all the company rules and regulations that relate to the federal state, public regulatory agencies and local governments that affect the conduct of the company’s business.

All employees must act responsibly, with due care and in good faith upholding competence and diligence without the use of independent judgment and misrepresenting material facts. It is important for all employees to respect the confidentiality of information received in the course of work unless authorized or obligated legally to disclose the information.
It is within the professional ethics to share knowledge and maintain relevant skills for carrying out individual duties in the company’s scope. Promote ethical behavior proactively among peers, colleagues and work groups in the work community and environment.

All employees must promptly report to the Audit Committee any information concerning any kind of fraud either in the management or in other employees that have a significant impact on the Company’s financial report. Any significant deficiencies in the design and operations of internal controls that may affect the Company’s ability to record, process summarize and report financial data.