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The following text pertains to the Code of  Professional AICE Ethics, which has been approved by the Board of Directors in accordance with the mandate given in the Special Assembly on 22 January 2008. The text is part of a key document that must be recognized and respected by those who have received professional certification.

The respect and protection of the Code of Professional Ethics by all who work in this field is important in the promotion of Total Cost Management.

Professional Ethics Code of the Italian Association for Total Cost Management

1. Reference Documents:

 2. Applicability:

This Code of Professional Ethics applies to each and every members,  of the Italian Association of Economic Engineering and in particular to the members certified as a Specialist Practitioner in Economic Engineering; all are defined below as "professionals", and limited to professional activity.

 3. Basic criteria :

Professionals are bound to the obligation of loyalty and, if agreed upon confidentiality, to their client. However, this is limited by the obligation to comply with current legislation and the code of professional ethics. If incompatibilities arise between the obligation of loyalty to the client and professional ethics, the professional shall first inform the client and if necessary decline the assignment unless there is an alternative, obligations under the law.

If the professional must turn down an assignment because of incompatibility the obligation for confidentiality remains intact unless expressly stated by law.

4. Public Relations :

5. Relations with Employers and Clients:

6. Relationship with colleagues :