Institutions of higher education are entrusted by society with great resources and commensurately great responsibilities for creation, dissemination and preservation of knowledge. College and university business officers play a key role in assuring that high standards of ethical practice attend to the custody and use of these resources. The business officer's personal and professional conduct reflects on his or her institution, the collective profession and the higher education enterprise at large. To guide business officers in setting and practicing high standards of ethical conduct, the National Association of College and University Business Officers has devised the following code of ethics. NACUBO embraces the values expressed in this code and advocates their observance by its members.
The business officer's conduct should be characterized by integrity and dignity, and he or she should expect and encourage such conduct by others.
The finance and administration division should adopt and be faithful to personal values that:
The business officer should act with competence and should strive to advance competence, both in self and in others.
The business officer should understand and support his or her institution's objectives and policies, should be capable of interpreting them within and beyond the institution, and should contribute constructively to their ongoing evaluation and reformulation.
The business officer should communicate to institutional colleagues the content of this code of ethics and should strive to ensure that the standards of professional conduct contained therein are met.
In discharging his or her duties in accordance with this Code of Ethics, the business officer should enjoy the following rights:
Adopted by the NACUBO Board of Directors April 15, 1993.