Conforming Change - Attest Engagement Team

Clarified SAS:  The definition of an Attest Engagement Team contained a reference to the auditing standards that needed to be updated to reflect the new citation under the clarified SASs
Published on April 16, 2013

NonAttest Services Frequently Asked Questions (FAQs)

Guidance:  Nonauthoritative frequently asked questions related to providing non-attest services to attest clients
Published on April 27, 2010

AICPA vs. IESBA Independence Rule Comparison

Article:  This document provides members performing attest services under IFAC standards with a comparison of situations where the IESBA's independence provisions are more restrictive than AICPA
Published on October 04, 2010

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

June 2012 Omnibus Exposure Draft of the Professional Ethics Division

Exposure Draft:  ...3 that clarifies, among other things, that the preparation of financial statements would be considered a nonattest service, regardless of whether such service was performed as part of an attest (audit, review, or
Published on August 27, 2012

2007 December 3 Comment Letters on Proposed Ethics Interpretation 501-8

Exposure Draft:  ...proposed Interpretation 501-8 - Failure to Follow Requirements of Governmental Bodies, Commissions, or Other Regulatory Agencies on Indemnification and Limitation of Liability Provisions in Connection With Audit and Other Attest Services
Published on March 14, 2010

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

Proposal of Professional Ethics Division Interpretation on Networks and Network Firms and Proposed New and Revised Relat...

Exposure Draft:  August 13, 2007 Exposure Draft - Proposed Ethics Interpretation on Networks and Network Firms and Proposed New and Revised Related Definitions
Published on February 27, 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

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

September 4, 2009 Exposure Draft Executive Summary

Exposure Draft:  EXPOSURE DRAFT Proposals The Professional Ethics Executive Committee (PEEC) has issued an exposure draft that proposes revisions to the subsections “Application of the Independence Rules to Covered Members Formerly Employed by a Client or Otherwis
Published on April 06, 2011

Proposal of Professional Ethics Division Interpretation on Failure to Follow Requirements of Governmental Bodies, Commis...

Exposure Draft:  December 3, 2007 Ethics Division Expousre Draft Concerning Use of Indemnification and Limitation of Liability Provisions with Clients that Are Subject to Regulators that have Restrictions In This Area.
Published on April 27, 2010

Proposed Interpretations on Indemnification/Limitation of Liability Provisions and Forensic Accounting Services (Sept. 1...

Exposure Draft:  September 15, 2005 Exposure Draft containing proposals related to use of Indemnification and Limitation of Liability Provisions and Forensic Accounting Services.
Published on April 27, 2010