The most significant change in the Revised AICPA Code of Professional Conduct is:
A)A conceptual framework approach for evaluating ethics violations
B)Two conceptual frameworks: one for members in public practice and one for CPAs in business
C)Eliminating Code coverage for members in business
D)Clarifying that all CPAs must follow the Independence rule regardless of professional services

Question

Quizplus · Accepted Answer

The Revised AICPA Code of Professional Conduct introduced two conceptual frameworks: one for members in public practice and one for CPAs in business, which is a significant change aimed at addressing the different ethical challenges faced by these groups.

The Most Significant Change in the Revised AICPA Code of Professional