Questions and Topics We Can Help You To Answer

The AICPA Code of Professional Conduct is generally recognized as a model for the accounting profession and is used by the various State Boards of Accountancy in developing their Codes to enforce ethical standards to be followed by CPAs.  

In past chapters we read about codes of professional conduct and ethics established by other professional organizations.

Discuss, contrast and compare, Part 1 of the AICPA Code of Professional Conduct to the following:

Parts 2 and 3 of the AICPA Code
The Codes of the State Boards of Accountancy
The Codes of the State Societies of CPAs
The Institute of Management Accountants’ Statement of Ethical Professional Practice (page 30, Exhibit 1.6)
The Institute of Internal Auditors’ Code of Ethics (page 100, Exhibit 3.2)
The AICPA Statements on Standards for Tax Services (page 214 and Additional Reading for Week 4)
For each Code listed above, compare and discuss:

The enforceability of each Code
Integrity and objectivity standards in each Code
The independence standard in each Code or the lack thereof
The general standards of the AICPA Code and how they compare to the general standards in the other codes
NOTE:  I am not looking for a detail listing of what each of these Codes have in them.  I am looking for the major requirements for the AICPA member in public practice compared and contrasted to Codes and Standards for CPAs not in public practice.  Do the other Codes have the same requirements?  Why or why not?  Do they have different requirements? Why or why not?