Revised structure, wording will make ethics standards more consistent.

While the AICPA Code is technically “codified” today, some subjects are scattered about the Code, making it more difficult for members and other users to know whether they have considered all relevant standards. In addition, a substantial amount of nonauthoritative ethics guidance is found outside the Code. These materials include informal AICPA staff positions; frequently asked questions on nonattest services; and basis-for-conclusions documents that can help members better understand and apply certain ethics rules. The Codification Project gives PEEC an opportunity to re-evaluate that guidance, where it resides, and its connection to the Code.

http://www.journalofaccountancy.com/Issues/2011/Jun/20113740.htm#