The AICPA and IFAC Codes of Conduct are:
A) Substantially similar, but not identical
B) Identical, except that the AICPA Code applies to Certified Public Accountants and the IFAC Code applies to other professional accountants
C) Identical, except that the AICPA Code applies to accountants licensed in the United States and the IFAC Code applies to professional accountants licensed outside the United States
D) Identical, except that the AICPA Code applies to individual accountants and the IFAC Code applies to accounting firms and other organizations of accountants

Question

Quizplus · Accepted Answer

The AICPA and IFAC Codes of Conduct are substantially similar, but not identical. While there are many similarities between the two codes, there are also some differences in the language and specific provisions. However, they are both intended to provide guidance to professional accountants in maintaining ethical and professional behavior.

The AICPA and IFAC Codes of Conduct Are