If you didn’t see the WebCPA news item last week or the write-up in the 08/17/07 AICPA News Update e-mail newsletter, I’m telling you about the subject of those two pieces now. It is the AICPA’s Professional Ethics Executive Committee’s exposure draft that proposes a new Interpretation 101-17, Networks and Network Firms, under Rule 101, Independence, of the AICPA Code of Professional Conduct. I suggest you read the exposure draft.

When finished, you might decide to send in comments to the AICPA and, at the very least, reevaluate your firm’s operations and any firm association and alliance membership.

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