The AICPA Professional Ethics Division released a new podcast with Division Director, Toni-Lee Andrews and Chief Auditor, Bob Dohrer. The podcast, about 25 minutes in length, addresses potential issues that could arise when attest clients have failed to adequately prepare for application of the new revenue recognition accounting standard (ASC 606). The podcast highlights critical independence considerations CPAs should be mindful of, including the: client's responsibility for the financial statements and related internal controls; auditor's options (disclaimer, qualified or adverse option) when the auditor is unable to obtain sufficient, relevant information for the opinion; types of assistance the auditor may provide; and impact on auditor's assessment of the client's internal controls over financial reporting.