200010 Structure of the AICPA Code 01 A variety of topics appear in parts 13 of

200010 structure of the aicpa code 01 a variety of

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0.200.010 Structure of the AICPA Code .01 A variety of topics appear in parts 1–3 of the code. When applicable, topics are aligned with the relevant rule or rules of conduct. Topics may be further divided into subtopics, and some subtopics include one or more sections. Topics, subtopics, and sections interpret the rules of conduct (see “ Interpretations and Other Guidance ” [0.100.020]). .02 Defined terms (see “ Definitions ” [0.400]) as well as the plurals and possessives thereof, are shown in italics throughout the code. When a defined term is used in the code but is not shown in italics , the definition in 0.400 should not be applied. [No prior reference: new content] Effective Date .03 Effective December 15, 2014. 0.200.020 Application of the AICPA Code .01 The Code of Professional Conduct (the code) was originally adopted on January 12, 1988, and was periodically revised through June 1, 2014. On June 1, 2014, the AICPA issued a codification of the code’s principles, rules, interpretations and rulings (revised code). The revised code will be effective December 15, 2014, excluding the Conceptual Framework sections. These sections, Conceptual Framework for Members in Public Practice ” [1.000.010] and “ Conceptual Framework for Members in Business ” [2.000.010], will be effective December 15, 2015. Members are permitted to implement the revised code prior to December 15, 2014, but a member may not implement the relevant Conceptual Framework prior to implementing the entire revised code. Revisions made subsequent to June 1, 2014, are identified in appendix C , the Revision History Table, which notes the month and year of the change, the effective date of the change, the purpose for the revision, and when possible, a link to the marked revision of the content that appeared in the Journal of Accountancy . If the interpretation or paragraph does not contain a specific effective date or a reference to the revision history table, then the content was effective prior to June 1, 2014. [No prior reference: new content.] .02 When used in the preface of the code, the term member includes members , associate members , and affiliate members , as well as international associates of the AICPA. .03 The rules of conduct apply to all professional services performed, except a. when the wording of the rule indicates otherwise. b. that a member who is practicing outside the United States will not be considered in violation of a particular rule for departing from any of the rules stated herein, as long as the member’s conduct is in accordance with the rules of the organized accounting profession in the country in which he or she is practicing. However, when a member is associated with financial statements under circumstances that would lead the reader to assume that practices of the United States were followed, the member must comply with the “Compliance With Standards Rule” [ 1.310.001 for members in public practice and 2.310.001 for members in business ] and the “Accounting Principles Rule” [ 1.320.001 for members in public practice and 2.320.001 for members in business ].

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