1. (a) The ethical standards that follow shall apply to all professional services performed by a licensee in the practice of public accounting except that a licensee who is practicing outside the United States shall not be subject to discipline for departing from any of the rules stated herein as long as the licensee’s conduct is in accord with the rules of the organized accounting profession in the country in which they are practicing.
2. (b) Where a licensee’s name is associated with financial statements that require United States practices to be followed, the licensee shall comply with the requirements of Ac 504.01 and Ac 504.02.

Source. #1663, eff 12-17-80; ss by #2475, eff 9-13-83; ss by #3061, eff 7-18-85, EXPIRED: 7-18-91 New. #5366, eff 3-27-92; ss by #6721, INTERIM, eff 3-27-98, EXPIRED: 7-25-98 New. #6905, eff 12-4-98, EXPIRED: 12-4-06 New. #8810, INTERIM, eff 1-25-07, EXPIRED: 7-25-07 New. #9051, eff 12-27-07; ss by #10746, eff 1-1-15; ss by #14188, eff 4-5-25