Question: 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

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 ?

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