b) The application of skill and knowledge with reasonable care and diligence
<h2>Further Explanation
</h2>
The professional code of ethics is defined as a general guideline that binds every member, and a pattern of action that applies to each member of his profession. The main reason for the need for a high level of professional action by each profession is the need for public confidence in the quality of services provided by the profession, regardless of each individual providing the service.
Ethics can be broadly defined as a set of principles or moral values. Every organization has a set of values like that, even though we pay attention or don't pay attention to it explicitly. The need for ethics in society is quite important, so many common ethical values are incorporated into the law.
The American Institute of Certified Public Accountants (AICPA) is the most influential public accounting firm in the world of auditing. Membership in the AICPA is limited to public accountants and currently has more than 330,000 members, but not all members practice as independent auditors. AICPA is a determinant of professional requirements for public accountants.
The AICPA's Code of Professional Conduct, revised and accepted by the 1988 membership session, consists of the following two sections:
- Principles that state the basic principles of ethical behavior and provide a framework for regulation.
- Rule of Conduct which sets minimum standards of behavior that can be accepted in the implementation of professional services.
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AICPA definition brainly.com/question/13684610
The AICPA Code of Professional Conduct brainly.com/question/13684610
The professional code of ethics definition brainly.com/question/13684610
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Grade: High School
Subject: Social studies
keywords: AICPA, Code of Professional Conduct, The professional code of ethics
