AICPA Professional Code of Conduct [The following information applies to the questions displayed below.] AICPA Professional Code of Conduct CPAs are required to abide by professional standards as outlined in the AICPA Code of Professional Conduct and related guidance. It is important for CPAs to understand the structure of the professional guidance so that they can find the information needed to determine an appropriate course of action when dilemmas arise. The Code of Professional Conduct is structured in two major sections called Principles and Rules. Principles outline the profession's responsibilities to the public, clients, and fellow practitioners. Rules are enforceable applications of the Principles. Additional guidance that further explains the scope and application of the Rules is included in Interpretations and Ethics Rulings. Part 2 - Concept Check 1. Which of the following would be considered a Principle of the Code of Professional Conduct? 2. Which of the following would be considered a Principle of the Code of Professional Conduct? 3. Which of the following would not be considered a Principle of the Code of Professional Conduct? 4. Which of the following would be considered a Rule of the Code of Professional Conduct? 5. Which of the following would be considered a Rule of the Code of Professional Conduct? 6. Which of the following would not be considered a Rule of the Code of Professional Conduct? 7. Which of the following would not be considered a Rule of the Code of Professional Conduct? 8. Which of the following appears as both a Principle and a Rule? 9. Which of the following appears as both a Principle and a Rule? Acts Discreditable Confidential Client Information Contingent Fees General Standards