NABA Code of Ethics


This Code of Ethics and Professional Conduct (“Code”) has been adopted by the National Association of Black Accountants, Inc. (“NABA”) to demonstrate NABA’s commitment to high ethical standards. This Code recognizes that NABA is defined by the people who work for it – Board of Directors (“Directors”), Employees, and Volunteers (collectively, “Associates”), and that those people must demonstrate their ongoing commitment to the core values of integrity, honesty, fairness, openness, respect, and responsibility.

NABA’s Code of Ethics and Professional Conduct is a part of a larger, organization-wide commitment to ethical practices. NABA’s values must be supported by policies and procedures that its Associates follow. NABA also recognizes the importance of an organizational culture that supports high ethical standards and encourages such an atmosphere by fostering discussion on ethical issues, promoting transparency about NABA’s work, and setting the proper “tone at the top”.

1. Personal and Professional Integrity. NABA’s Associates act with honesty, integrity, and openness when representing NABA. NABA promotes a working environment that values respect and fairness. NABA’s Associates:
  • Represent the best interests of NABA over and above personal and professional interests;
  • Avoid actual or apparent conflicts of interest in personal and professional relationships, both within and outside of NABA;
  • Act in good faith, responsibly, with due care, competence and diligence, without misrepresenting material facts or allowing one’s independent judgment to be subordinated;
  • Respect the confidentiality of information acquired in the course of their work as a NABA Associate, except when authorized or otherwise legally obligated to disclose such information;
  • Comply with applicable federal, state, and local laws, regulations and fiduciary responsibilities in an effort to create transparency in all of our operations;
  • Proactively promotes ethical behavior in the work environment and in the community;
  • Treat others with dignity and respect; and
  • Abstain from any illegal, fraudulent, discriminatory, or otherwise deceptive behavior that may negatively impact NABA or its Associates.

2. Mission. NABA has a clearly stated mission and purpose, approved by its Board of Directors, in pursuit of the public good. All of its programs support that mission and all who work for or on behalf of NABA understand and are loyal to that mission and purpose. The mission is responsive to the constituency and communities served by NABA and of value to the society at large.

3. Governance. NABA has a Board of Directors that is responsible for setting NABA’s mission and strategic direction and for oversight of its finances, operations, and policies. The Board of Directors:
  • Ensures that NABA’s directors have the requisite skills and experience to carry out their duties, that all directors understand and fulfill their governance duties by acting for the benefit of NABA and its public purpose, and that all directors have specified terms of service;
  • Has a Conflict of Interest Policy that ensures that any conflicts of interest or the appearance thereof are avoided or appropriately managed through disclosure, recusal, or other means;
  • Is responsible for the hiring, terminating, and regular reviewing the performance of the President and CEO and ensuring that the compensation of the President and CEO is reasonable and appropriate;
  • Ensures that the President and CEO and appropriate staff provide the Board of Directors with timely and comprehensive information so that the Board of Directors can effectively carry out its duties;
  • Ensures that NABA conducts all transactions and dealings with integrity and honesty;
  • Ensures that NABA promotes working relationships with members, directors, employees, volunteers, and other stakeholders that are based on mutual respect, fairness, and openness;
  • Ensures that NABA is fair and inclusive in its hiring and promotion policies and practices for Board of Director, employee, and volunteer positions;
  • Ensures that NABA’s policies are in writing, clearly articulated, and officially adopted;
  • Ensures that NABA’s resources are responsibly and prudently managed; and
  • Ensures that NABA has the capacity to carry out its programs effectively.

4. Legal Compliance. NABA is knowledgeable of and complies with all U.S. laws, regulations, and applicable state laws and international conventions.

5. Responsible Stewardship. NABA manages its funds responsibly and prudently. NABA:
  • Spends a reasonable percentage of its annual budget on programs in pursuance of its mission;
  • Spends an adequate amount on administrative expenses to ensure effective accounting systems, internal controls, competent staff, and other expenditures critical to professional management;
  • Compensates staff, and any others who may receive compensation, reasonably and appropriately;
  • Has reasonable fundraising costs, recognizing the variety of factors that affect fundraising costs;
  • Does not accumulate operating funds excessively;
  • Prudently draws from reserve funds consistent with donor intent and to support the public purpose of the organization;
  • Ensures that all spending practices and policies are fair, reasonable, and appropriate to fulfill NABA’s mission; and
  • Ensures that all financial reports are factually accurate and complete in all material respects.

6. Openness and Disclosure. NABA provides comprehensive and timely information to the public, the media, and all stakeholders and is responsive in a timely manner to reasonable requests for information. All information about NABA fully and honestly reflects its policies and practices. Basic informational data about NABA, such as the Form 990 and audited financial statements are made available to the public upon request. All solicitation materials accurately represent NABA’s policies, practices, and programs. All financial, organizational, and program reports are complete and accurate in all material respects.

7. Program Evaluation. NABA regularly reviews program effectiveness and has mechanisms to incorporate lessons learned into future programs. NABA is committed to improving program and organizational effectiveness and developing mechanisms to promote learning from its activities and the field. NABA is responsive to changes in its field of activity and is responsive to the needs of its constituencies.

8. Inclusiveness and Diversity. NABA is committed to inclusiveness and diversity among its Associates. It takes meaningful steps to promote inclusiveness in its hiring, retention, promotion, board recruitment, and constituencies served.

9. Fundraising. When raising funds, NABA is truthful in its solicitation materials. NABA respects the privacy concerns of individual donors, expends funds consistent with donor intent, and discloses important and relevant information to potential donors. In raising funds from the public, NABA respects the rights of donors:
  • To be informed of NABA’s mission, the way the resources will be used, and NABA’s capacity to use donations effectively for its intended purposes;
  • To be informed of the identity of those serving on NABA’s Board of Directors and to expect the Board of Directors to exercise prudent judgment in its stewardship responsibilities;
  • To have access to NABA’s most recent audited financial report;
  • To be assured their gifts will be used for the purposes for which they were given;
  • To receive appropriate acknowledgement and recognition;
  • To be assured that information about their donations is handled with respect and with confidentiality to the extent provided by the law;
  • To expect professional and respectful conduct from NABA’s staff;
  • To be informed whether those seeking donations are volunteers, employees of NABA, or hired solicitors;
  • To have the opportunity for their names to be deleted from mailing lists that NABA may intend to share; and
  • To feel free to ask questions when making a donation and to receive prompt, truthful, and forthright answers.