Rule 201 of the AICPA Rules of Conduct states that a member is to exercise due professional care. This rule means that each member is to remain up-to-date on all rules and regulations.

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Rule 201 of the AICPA Rules of Conduct requires members to perform professional services with competence and diligence, but it does not specifically mandate staying up-to-date on all rules and regulations, although that is implied as part of professional competence.

Rule 201 of the AICPA Rules of Conduct States That