Rule 501 - Acts Discreditable in the AICPA's Code of Professional Conduct, enables disciplinary action to be taken for unethical acts of a member not specifically covered by other rules.

Question

Quizplus · Accepted Answer

Rule 501 - Acts Discreditable in the AICPA's Code of Professional Conduct allows for disciplinary action against members for conduct that is deemed discreditable to the profession, even if such conduct is not explicitly detailed in other rules. This provides a broad basis for maintaining ethical standards among members.