Revisions to the Canons of Ethics approved by the Board of Directors
January 4, 2012
The revisions to the Canons of Ethics approved by the Board of Directors on June 17, 2011
became effective January 1, 2012 and will apply to all members renewing for 2012 as well as any individual holding an AACE International certification. Among the changes to the Canons are provisions to assure the integrity of the examination process, more specific language on intellectual property violations, reduction of vague language and an affirmative responsibility for members to report alleged ethical violations. Beginning in 2012, all AACE International members will have a common membership cycle of January 1-December 31 and those members will be held accountable to the Canons of Ethics.
The Canons revisions were recommended by an ad hoc Ethics Task Force chaired by Region 2 Director John Livengood and included Vice President: Administration Alexia Nalewaik, Region 4 Director Duane Meyer and Executive Director Dennis Stork. The Ethics Task Force’s initial recommendations were announced on the AACE website on April 15 and posted on the online discussion forums for comment by the members and certification for comments until June 1. The Ethics Task Force then reviewed comments and incorporated several suggested changes into the final version approved by the Board of Directors.
“The Ethics Task Force would like to thank those individuals who took the time to make suggestions regarding both the form and substance of the revisions. We carefully reviewed all comments and incorporated several changes into the final version based upon member input. We believe the revised Canons of Ethics will be an important foundation on which to build greater awareness of our ethical responsibilities to the practice of total cost management,” commented Livengood.