ET Section 100.01 - Conceptual Framework for AICPA Independence Standards

ET Section 101 - Independence

Rule 101 - Independence
Interpretations Under Rule 101 - Independence

• 101-1—Interpretation of Rule 101 [Revised]
• [101-1]—[Renumbered as interpretation 101-4]
• 101-2—Employment or Association with Attest Clients [Revised]
• 101-3—Performance of Nonattest Services [Revised]
• 101-4—Honorary Directorships and Trusteeships of Not-for-Profit Organization [Revised]
• 101-5—Loans From Financial Institution Clients and Related Terminology [Revised]
• 101-6—The Effect of Actual or Threatened Litigation on Independence [Revised]
• [101-7]—[Deleted]
• 101-8—Effect on Independence of Financial Interests in Nonclients Having Investor or Investee Relationships With a Member's Client [Revised]
• 101-9—[101-9][Deleted]
• 101-10—The Effect on Independence of Relationships With Entities Included in the Governmental Financial Statements
• 101-11—Modified application of rule 101 for certain engagements to issue restricted-use reports under the Statements on Standards for Attestation Engagements [Revised]
• 101-12—Independence and Cooperative Arrangements With Clients
• 101-13—[Deleted]
• 101-14—The Effect of Alternative Practice Structures on the Applicability of Independence Rules
• 101-15—Financial Relationships

ET Section 102 - Integrity and Objectivity

Rule 102 - Integrity and Objectivity
Interpretations Under Rule 102 - Integrity and Objectivity

• 102-1—Knowing Misrepresentations in the Preparation of Financial Statements or records [Revised]
• 102-2—Conflicts of Interest
• 102-3—Obligations of a Member to His or Her Employer's External Accountant
• 102-4—Subordination of Judgment by a Member
• 102-5—Applicability of Rule 102 to Members Performing Educational Services
• 102-6—Professional Services Involving Client Advocacy

ET Section 191 - Ethics Rulings on Independence, Integrity, and Objectivity

• [1.] Acceptance of a Gift [Deleted]
• 2. Association Membership [Revised]
• [3.] Member as Signer or Cosigner of Checks [Deleted]
• [4.] Payroll Preparation Services [Deleted]
• [5.] Member as Bookkeeper [Deleted]
• [6.] Member's Spouse as Accountant of Client [Deleted]
• [7.] Member Providing Contract Services [Deleted]
• 8. Member Providing Advisory Services
• 9. Member as Representative of Creditor's Committee [Revised]
• 10. Member as Legislator [Revised]
• 11. Member as Executor or Trustee [Revised]
• 12. Member as Trustee of Charitable Foundation[Revised]
• [13.] Member as Bank Stockholder [Deleted]
• 14. Member on Board of Federated Fund-Raising Organization
• [15.] Retired Partner as Director [Deleted]
• 16. Member on Board of Directors of Nonprofit Social Club [Revised]
• 17. Member of Social Club
• [18.] Member as City Council Chairman [Deleted]
• 19. Member on Deferred Compensation Committee [Revised]
• 20. Member Serving on Governmental Advisory Unit [Revised]
• 21. Member as Director and Auditor of the Entity's Profit Sharing Trust [Revised]
• [22.] Family Relationship, Brother [Deleted]
• [23.] Family Relationship, Uncle by Marriage [Deleted]
• [24.] Family Relationship, Father [Deleted]
• [25.] Family Relationship, Son [Deleted]
• [26.] Family Relationship, Son [Deleted]
• [27.] Family Relationship, Spouse as Trustee [Deleted]
• [28.] Cash Account With Brokerage Client [Superseded by ethics ruling No. 59]
• 29. Member as Bondholder [Revised]
• [30.] Financial Interest by Employee [Deleted]
• 31. Performance of Services for Common Interest Realty Associations (CIRAs), Including Cooperatives, Condominium Associations, Planned Unit Developments, Homeowners Associations, and Timeshare Developments [Revised]
• [32.] Mortgage Loan to Member's Corporation [Deleted]
• [33.] Member as Participant in Employee Benefit Plan [Deleted]
• [34.] Member as Auditor of Common Trust Funds [Deleted]
• [35.] Stockholder in Mutual Funds [Deleted]
• [36.] Participant in Investment Club [Deleted]
• [37.] Retired Partners as Co-Trustee [Deleted]
• 38. Member as Co-Fiduciary With Client Bank [Revised]
• [39.] Member as Officially Appointed Stock Transfer Agent or Registrar [Deleted]
• [40.] Controller Entering Public Practice [Deleted]
• 41. Financial Services Company Client Has Custody of a Members Assets
• [42.] Member as Life Insurance Policy Holder [Deleted]
• [43.] Member's Employee as Treasurer of a Client [Deleted]
• [44.] Past Due Billings [Superseded by ethics ruling No. 52]
• [45.] Past Due Fees: Client in Bankruptcy [Deleted]
• [46.] Member as General Counsel[Superseded by ethics ruling No. 51]
• [47.] Member as Auditor of Mutual Fund and Shareholder of Investment Advisor/Manager [Deleted]
• 48. Faculty Member as Auditor of a Student Fund [Revised]
• [49.] Investor and Investee Companies [Superseded by interpretation 101-8]
• [50.] Family Relationship, Brother-in-Law [Deleted]
• [51]. Member Providing Legal Services [Deleted]
• 52. Unpaid Fees [Revised]
• [53.] Member as Auditor of Employee Benefit Plan and Sponsoring Company [Deleted]
• [54]. Member Providing Appraisal, Valuation, or Actuarial Services [Deleted]
• [55.] Independence During Systems Implementation [Deleted]
• [56.] Executive Search [Deleted]
• [57.] MAS Engagement to Evaluate Service Bureaus [Deleted]
• [58.] Member as Lessor [Deleted]
• [59.] Account With Brokerage Client [Deleted]
• 60. Employee Benefit Plans—Member's Relationships With Participating Employer(s)
• [61.] Participation of Member's Spouse in Client's Stock Ownership Plans (Including an ESOP) [Deleted]
• [62.] Member and Client Are Limited Partners in a Limited Partnership [Deleted]
• [63.] Review of Prospective Financial Information—Member's Independence of Promoters [Deleted]
• 64. Member on Board of Organization for Which Client Raises Funds [Revised]
• 65. Use of the CPA Designation by Member Not in Public Practice
• 66. Member's Retirement or Savings Plan Has Financial Interest in Client [Deleted]
• 67. Servicing of Loan
• 68. Blind Trust [Deleted]
• 69. Investment With a General Partner
• 70. Member's Depository Relationship With Client Financial Institution
• 71. Use of Nonindependent CPA Firm on an Engagement
• 72. Member on Advisory Board of Client
• [73.] Meaning of the Period of a Professional Engagement [Deleted]
• 74. Audits, Reviews, or Compilations and a Lack of Independence
• 75. Membership in Client Credit Union
• [76.] Guarantee of Loan [Deleted]
• 77. Individual Considering or Accepting Employment With the Client [Deleted]
• [78.] Service on Governmental Board [Deleted]
• [79.] Member's Investment in a Partnership That Invests in Member's Client [Deleted]
• [80.] The Meaning of a Joint Closely Held Business Investment [Deleted]
• 81. Member's Investment in a Limited Partnership
• 82. Campaign Treasurer
• [83.] Member on Board of Component Unit and Auditor of Oversight Entity [Deleted]
• [84.] Member on Board of Material Component Unit and Auditor of Another Material Component Unit [Deleted]
• 85. Bank Director
• [86.] Partially Secured Loans [Deleted]
• [87.] Loan Commitment or Line of Credit [Deleted]
• [88.] Loans to Partnership in Which Members are Limited Partners [Deleted]
• [89.] Loan to Partnership in Which Members are General Partners [Deleted]
• [90.] Credit Card Balances and Cash Advances [Deleted]
• 91. Member Leasing Property to or From a Client [Revised]
• 92. Joint Interest in Vacation Home
• 93. Service on Board of Directors of Federated Fund-Raising Organization
• 94. Indemnification Clause in Engagement Letters
• 95. Agreement With Attest Client to Use ADR Techniques
• 96. Commencement of ADR Proceeding
• [97.] Performance of Certain Extended Audit Services [Deleted]
• 98. Member's Loan From a Nonclient Subsidiary or Parent of an Attest Client
• 99. Member Providing Services for Company Executives
• 100. Actions Permitted When Independence Is Impaired
• [101.] Client Advocacy and Expert Witness Services [Deleted]
• 102. Indemnification of a Client
• 103. Attest Report on Internal Controls
• 104. Member Providing Operational Auditing Services [Deleted]
• 105. Frequency of Performance of Extended Audit Procedures [Deleted]
• 106. Member Has Significant Influence Over an Entity That Has Significant Influence Over a Client
• 107. Participation in Health and Welfare Plan of Client
• [108.] Participation of Member or Spouse in Retirement, Savings, or Similar Plan Sponsored by, or That Invests in, Client [Deleted]
• [109.] Member's Investment in Financial Services Products That Invest in Clients [Deleted]
• 110. Member Is Connected With an Entity That Has a Loan to or From a Client
• 111. Employee Benefit Plan Sponsored by Client
• 112. Use of a Third-Party Service Provider to Assist a Member in Providing Professional Services
• 113. Acceptance or Offering of Gifts or Entertainment
• 114. Acceptance or Offering of Gifts and Entertainment to or From an Attest Client