This module is part of the 2027 curriculum. You are following the 2026 curriculum, where it is not taught in this form. Switch if you are sitting the exam under the 2027 curriculum.
Lesson 1 of 1 · 16 min
Standard I: Professionalism
Standard I asks five things of every member and candidate: know and follow the stricter rule, stay independent, never mislead, never act dishonestly, and be competent for the job you actually do.
In short
- I(A) Knowledge of the Law: follow the stricter of applicable law and the Code and Standards; never knowingly take part in a violation, and dissociate from one you discover.
- I(B) Independence and Objectivity: do not offer, ask for or accept anything that could reasonably be expected to compromise your own or someone else's judgment. Token gifts are fine; client gifts must be disclosed to the employer.
- I(C) Misrepresentation: no knowingly false statements or misleading omissions, no guarantees on risky investments, and no plagiarism.
- I(D) Misconduct: no dishonesty, fraud or deceit, and nothing that reflects badly on your professional reputation, integrity or competence.
- I(E) Competence: act with, and keep up, the knowledge, skills and abilities your role requires. A bad outcome alone does not prove incompetence.
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