Code of Professional Ethics

The Michigan Government Finance Officers Association is a professional organization of public officials, finance and professional persons united to enhance and promote the professional management of municipal finance resources by identifying, developing and advancing fiscal strategies, policies and practices for the public benefit.

To further these objectives, all members are enjoined to adhere to legal, moral and professional standards of conduct in the fulfillment of their professional responsibilities. Standards of professional conduct as set forth in this code are promulgated in order to enhance the performance of all persons engaged in public finance.

I. Personal Standards

Members shall demonstrate and be dedicated to the highest ideals of honor and integrity in all public and personal relationships to merit the respect, trust and confidence of the public, governing officials, other public officials and employees.

II. Responsibility as Public Officials

Members shall recognize and be accountable for their responsibilities in the public sector, striving to provide the highest quality of performance and counsel. Members shall exercise prudence and integrity in the management of funds in their custody and in all financial transactions.

III. Professional Development

Members shall be responsible for maintaining their own competence, for enhancing the competence of their colleagues, and for providing encouragement to those seeking to enter the field of municipal finance. Members shall promote excellence in the public service.

IV. Professional Integrity - Information

Members shall demonstrate professional integrity in the issuance and management of information. Members shall prepare and present statements and financial information pursuant to applicable law and generally accepted practices and guidelines.

V. Professional Integrity - Relationships

Members shall act with honor, integrity and virtue in all professional relationships and shall exhibit loyalty and trust in the affairs and interests of the government they serve, within the confines of this Code of Ethics. Members shall promote equal employment opportunities, and in doing so, oppose any discrimination, harassment or other unfair practices.

VI. Conflict of Interest

Members shall actively avoid the appearance of or the fact of conflicting interests. Members shall not, directly or indirectly, seek or accept personal gain which would influence, or appear to influence, the conduct of their official duties. Members shall not use public property or resources for personal or political gain.