Video: AICPA Code of Professional Conduct Objectives

In this lesson, the principles, rules, and interpretations included in the AICPA Code of Professional Conduct are explored, highlighting their relevance within the CPA exam. The lesson discusses the importance of independence in various situations and provides guidance on recognizing threats to compliance with the Code. The conceptual framework for CPAs in public practice, business, and independence situations is also covered, with emphasis on the differing requirements based on their roles, including those working in public accounting firms, those employed by a company, and those who are retired or freelance. Through various examples and scenarios, Nick Palazzolo, CPA, helps navigate the complexities of the AICPA Code of Professional Conduct, ensuring a thorough understanding of the subject matter.