The following questions relate to the AICPA Code of Professional Conduct, which can be viewed online or downloaded in pdf format at www.aicpa.org:a. When should a member apply the conceptual framework for members in public practice? Which rule or rules have their own conceptual framework?b. Covered members are not allowed to have a direct financial interest in a client. What should covered members do if they become aware they are to receive an unsolicited financial interest in an attest client as a result of a bequest? Be sure to note where you can find the applicable guidance in the code.c. The Accounting Principles Rule indicates that members can justify a departure from generally accepted accounting principles only in unusual circumstances. What are examples of unusual circumstances discussed in the Code?d. The AICPA provides for a number of specialist designations. How should a member use the designation? When may a firm include a specialty designation on firm letterhead? Where would you find the applicable guidance in the Code?

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