Many State Boards of Accountancy work with the AICPA on a multitude of professional issues as well as having incorporated the AICPA Code of Professional Conduct into state rules which make them applicable to all CPAs in those states. Which of the following tatements best describes the AICPA Code of Professional Conduct? The AICPA bylaws require members adhere to all principles of the AICPA Code of Professional Conduct. Principles outline the basic tenets of ethical conduct and provide a framework, and rules of conduct establish minimum standards of acceptable conduct. Rules of conduct are designed to establish optional guidelines for performance of professional services, and interpretations provide additional guidance with respect to applicability and scope of the rules of conduct. Principles express basic tenets of ethical conduct and provide a framework, and interpretations provide optional guidance which do not require justifications of departures