Audit Conduct

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Highlights of AICPA PEEC open meeting - Feb 12, 2019

The following issues were discussed at the Professional Ethics Executive Committee (PEEC) Open Meeting on February 12, 2019:  

  • Hosting services - Updated Frequently-Asked-Questions (FAQs)
  • Information System Services (ISS) Independence Proposal
  • Use of Outside Directors on Firm Boards
  • FAQ - Client Consent for Records Transfer if CPA Selling Practice has No Ownership in New Firm
  • International Ethics Standards Board for Accountants (IESBA) – Update 
  • State and Local Government (SLG) Affiliates Independence Proposal
  • Professional Issues Update
  • Selected Procedures Task Force  
  • Noncompliance with Laws and Regulations (NOCLAR) Update
  • Planning Subgroup – Strategy and Work Plan (SWP)

Highlights for each item are in the downloadable PDF.

The agenda for this meeting may be found here.