Which is a difference between the AICPA Code of Professional Conduct (the AiCPA code) and the International Code of Ethics for Professional Accountants, including International Independence Standards, (international code)?

• The international code emphasizes detailed ethics rules over principles.
• The international code may provide different rules for public interest entities.

2

O The AICPA code uses a conceptual framework approach throughout its code.

The AICPA code bans auditors from offering of gifts and entertainment to clients

I choose option 3. Is it correct ?