May 2013 Official Releases for Professional Ethics

Professional Standards:  The ethics applicability, definitions, interpretations, and ethics rulings contained in this document are effective on May 31, 2013, unless otherwise stated
Published on April 11, 2013

Comment Letters on the August 13, 2012 Ethics Exposure Draft

Comment Letters:  Omnibus Exposure Draft - Proposed Reestablishment of Ethics Rulings and Interpretation. Comments requested by Sept. 14, 2012
Published on September 17, 2012

Ethics Division Exposure Draft June 17, 2005

Exposure Draft:  The AICPA Professional Ethics Executive Committee (PEEC) proposes two new ethics rulings under Rules 101 and 102 that would provide guidance on how a member's offer or acceptance of gifts or entertainment, to or from a client, or a customer...
Published on March 14, 2010

Omnibus Proposal of Professional Ethics Division Interpretations and Rulings - June 17, 2005

Exposure Draft:  June 17, 2005 Omnibus Exposure Draft of the Professional Ethics Division. The topics addressed in the exposure draft relate to the offer or acceptance of gifts and entertainment and retention of client records
Published on April 14, 2010

Gifts Basis Document

Executive Summary:  This document summarizes considerations that were deemed significant by the Professional Ethics Executive Committee (the Committee) in the development of two new ethics rulings, Ethics Ruling No. 113 – Acceptance or Offering of Gifts or Entertainment (AICPA, Professional Standards, vol. 2, ET sec. 191.226-.227) and Ethics Ruling No. 114
Published on April 19, 2010

August 2012 Omnibus Exposure Draft of the Professional Ethics Division

Exposure Draft:  On August 2012 the Ethics Division issued an Omnibus Exposure Draft wherein it proposes to reestablish certain affilaite related ethics rulings and interpretion for individulas who have not implemented Interpreation 101-18 early
Published on August 13, 2012

OSPA Comment Letter - Proposed New and Revised Interpretations and Proposed Deletions of Ethics Rulings

Comment Letter:  The Professional Ethics Committee of the OSCPA's submitted a comment letter on the Ethics Division's September 2011 exposure draft
Published on April 04, 2013

Comment Letters For the June 29, 2012 Ethics Exposure Draft

Comment Letters:  Omnibus Exposure Draft - Proposed Revisions to Interpretation 101-3, Proposed New Interpretations 501-11 and 502-6 and Proposed Deletion of Ethics Rulings. Comment deadline extended until Nov. 30, 2012
Published on April 12, 2013

Ethics Division Exposure Draft September 15, 2005 - Indemnification & NonAttest Services

Exposure Draft:  The Professional Ethics Executive Committee (PEEC) proposes two new ethics interpretations, one dealing with the use of indemnification and limitation of liability provisions in member engagement letters and the other dealing with...
Published on March 14, 2010

Proposals Approved At April-May 2012 PEEC Meeting

Article:  The Professional Ethics Executive Committee (PEEC) has adopted the following: a revised Interpretation No. 101-3, “Performance of nNonattest services,” (in part) under Rule 101, Independence (AICPA, Professional Standards, ET sec. 101...
Published on June 11, 2012

Categories of Information Table for Ethics Ruling No. 2

FAQ:  This nonauthoritative table provides examples and supplements Ethics Ruling No. 2 and the definition of confidential client information. The table provides examples of client information that is and is not available to the public as well as other...
Published on September 21, 2011

Omnibus Proposal of Professional Ethics Division Interpretations and Rulings - September 8, 2006

Exposure Draft:  September 8, 2006 Exposure Draft issued by the Professional Ethics Division dealing with use of indemnification, limitation of liabilty and ADR clauses and performance of forensic accounting and tax compliance services
Published on April 14, 2010

PEEC Exposure Drafts & Other Revisions to the Code of Professional Conduct

Overview:  The Professional Ethics Executive Committee (PEEC) is responsible for promulgating new ethics interpretations and rulings, and for monitoring those standards and making revisions as needed
Published on April 16, 2013

Adopted Immediate Family Member Provisions and Related Items

Press Release:  In February 2010 the PEEC adopted updated independence provisions for immediate family members, individuals formerly employed by attest clients, ethics ruling 107 and interpretation 101-15
Published on April 27, 2010

Sample Client Disclosure Language for New Outsourcing Rules

Guide:  The AICPA Professional Ethics Executive Committee (PEEC) has developed sample language which could be used to fulfill the requirement of Ethics Ruling No. 112 in cases where the member chooses to provide written disclosure
Published on April 19, 2010