Both public accountants and managerial accountants are required to adhere to a code of professional conduct.

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Both public accountants and managerial accountants are bound by a code of ethics established by their professional associations. The American Institute of Certified Public Accountants (AICPA) provides a code of professional conduct for public accountants, while the Institute of Management Accountants (IMA) provides a code of ethics for managerial accountants.

Both Public Accountants and Managerial Accountants Are Required to Adhere