1. (a) The board hereby adopts the principles, standards, and interpretations set forth in the December 15, 2014 and updated for all official releases through August 31, 2016, American Institute of Certified Public Accountants (AICPA) “Code of Professional Conduct” as available in Appendix B.
2. (b) Licensees shall comply with the standards and interpretations incorporated in (a) above.

3. (c) In addition to the standards incorporated in (a) above, licensees shall:

   1. (1) Undertake only those professional services that the licensee or the licensee’s firm can complete with professional competence;
   2. (2) Exercise due professional care in the performance of professional services;
   3. (3) Adequately plan and supervise the performance of professional services;
   4. (4) Obtain sufficient relevant data to afford a basis for conclusions or recommendations in relation to any professional services performed; and
   5. (5) Cooperate with investigations and requests for information from the board and the OPLC.

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 #13932, eff 6-22-24