Members of the Professional Ethics Executive Committee of the American Institute of CPAs acknowledged a series of practitioner's concerns with regard to PEEC's revised interpretation of rules governing members who offer non-attest services to attest clients.

At issue for some members attending the AICPA's Fall Meeting of Council, here,  were the specifics of Rule 101-3  on performance of non-attest services, and what constitutes independence when non-attest services -- i.e., information technology systems design, appraisal and valuation, bookkeeping, and internal audit outsourcing, etc. -- are provided to attest clients.

Register or login for access to this item and much more

All Accounting Today content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access