Ethically Speaking

Listen as Toni Lee-Andrews and staff of the AICPA Professional Ethics Division fill you in on what happened at this quarter's open meeting. You can find the full meeting agenda here. Topics include: Section 529 plans Private equity investment in firms Artificial intelligence Simultaneous employment Engagements subject to the SSAEs IESBA monitoring and international harmonization If you're interested in IESBA's webinars on their sustainability exposure draft, you can read more about that and register here.

If you were unable to observe PEEC's 4Q meeting, you can listen to an overview from Toni Lee-Andrews and staff of the Professional Ethics Division. The 2-day meeting was packed with project updates and included PEEC's approval of changes to the Code of Professional Conduct related to public interest entities. IESBA sustainability If you're a practitioner working in sustainability you'll want to pay close attention to IESBA's work in this area. They are planning to issue 2 exposure drafts in Q1 2024 related to sustainability and the use of experts. If adopted, these proposals could affect your work. Take time to check out agenda items 7 and 8A in PEEC's meeting materials for November. You have time to make a difference. Be sure to take advantage of that. PEEC will be discussing this again at the February 2024 meeting and you can register here to observe that meeting.

Did you miss this week's meeting of the Professional Ethics Executive Committee? Not to worry. You can catch the highlights here with Toni Lee-Andrews, director of the AICPA Professional Ethics Division and other staff. You'll hear mention of beneficial ownership information reporting and you can check out resources for that here. In the coming weeks, detailed meeting minutes will be available here. Don't forget: We offer free CPE when you observe PEEC meetings. Be sure to register for the November meeting.

Listen as Toni Lee-Andrews, director of the AICPA Professional Ethics Division, and staff give you the highlights of this quarter's meeting of the Professional Ethics Executive Committee. Discussions include international convergence efforts, new proposed guidance on public interest entities, and simultaneous employment. You'll hear about outreach the division is conducting on simultaneous employment and if you'd like to participate in a survey or upcoming round table, email [email protected].

We love it when you're able to join us for meetings... but when you can't, we're happy to give you the highlights. Listen as AICPA Professional Ethics Division staff fill you in on all the projects the Professional Ethics Executive Committee is currently working on. Did you know we offer free CPE credits when you observe PEEC meetings? What a great way to get a few credits and stay current with PEEC's activities! Register here for upcoming meetings. Resources mentioned in this episode IESBA Sustainability project page IESBA Use of Experts project page IESBA Tax Planning and Related Services exposure draft IESBA Strategy and Work Plan Draft Consultation Paper

We love it when you're able to join us for meetings... but when you can't, we're happy to give you the highlights. Listen as AICPA Professional Ethics Division staff fill you in on all the projects the Professional Ethics Executive Committee is working on. (00:55) Upcoming meetings (01:35) Compliance audits (03:10) Convergence on the fees with IESBA (International Ethics Standards Board for Accountants) (04:15) Convergence on engagement quality reviewer with IESBA (04:50) Simultaneous employment (05:35) NOCLAR (noncompliance with laws and regulations) (06:25) ISS (information systems services) (07:25) Solicitation or exposure of questions and answers in self-exams (08:30) DOL independence rules update (08:55) Assisting clients with implementing accounting standards (09:25) Online Ethics Library update (09:55) IESBA update (12:10) Update on Statements on Standards for Tax Services (13:55) Private equity firms and alternative practice structures Resources mentioned Agenda for the November meeting PEEC projects page Online Ethics library Register to attend upcoming meetings for free CPE

The busier we get, the more we tend to rely on bright lines to help us navigate the world around us. Easy rules to make work simpler. But as trusted advisers in a profession the public relies on, easy rules don't always cut it for accountants. Sometimes, as Sarah Brack, CPA, says in this episode, you have to use that big brain in extraordinary ways. As our profession transitions from a rules-based approach to a more principles-based approach, the AICPA is here to help. Listen as we discuss the zeitgeist, the changing profession, and the help you can find in our ethics library when you need it. AICPA resources Conceptual Framework for Independence Conceptual Framework for Members in Public Practice Conceptual Framework for Members in Business Toolkits – Look on this page for the list of interactive toolkits we discussed in the episode. Ethics hotline: 888.777.7077 (option 2 then option 3) or [email protected] International resource IESBA fact sheet: If you're interested in diving deeper into how international standards are evolving, you can start with the International Ethics Standards Board for Accountants' fact sheet on the role and mindset changes.

Winter is coming... Are you overwhelmed with clients asking you to amend their 941s? And are you getting calls from businesses offering to help you out for a fee? In this episode, Joan Farris and John Wiley, two CPAs on staff in the AICPA Professional Ethics Division, talk through some questions we're getting on the hotline. What's legit and what isn't, what could put you at risk, not just of violating various codes of conduct, but of being the subject of a lawsuit when all is said and done? You'll want to listen in and check out the following resources. AICPA resources Take a learning dive into the code Contingent Fees Rule Commission and Referral Fees Rule Independence Rule Call the hotline You can reach the ethics hotline at 888.777.7077, option 2 then option 3 [email protected] You can reach the tax section at [email protected] Listen to related episodes from the Tax Odyssey podcast: Reconciling ERC claims with reality: The state of ERC now (September 22, 2022) Q&A on ERC, tax legislation and IRS woes: Covers several legislative items, including ERC (June 30, 2022) Mythbust and maximize the employee retention credit: Take a deep dive into the ERC (June 7, 2022) ERC — What we know now: A look at guidance released in Aug. 2021 (August 11, 2021) Challenges with contingency fees and the ERC: A look at how contingent fee rules have evolved and how they relate to the ERC (June 9, 2021) Other resources Exposure draft of the revised Statements on Standards for Tax Services Download: ERC: Fact or fiction?

You're busy. Crazy busy — serving your clients, volunteering, taking care of your family and friends, and somewhere in all that, hopefully finding time for yourself. With everything else on your mind daily, you may not know the finer points of your ethical obligations when a client requests records from you. Jennifer Clayton, CPA, and John Wiley, CPA, come to the rescue in this episode where we cover some dos and don'ts and examples, and give a high-level overview of records requests to point you in the right direction. Just knowing that the AICPA Code of Professional Conduct (and indeed your state society and state board codes) have rules around this is helpful. Next time the issue comes up and you have questions, you can always call us on the ethics hotline at 888.777.7077 (option 2 then option 3) or email us at [email protected]. John may even be the person you talk to! If you have time and would like to dig deeper, here are some resources to help: Q&As on records requests Records Requests interpretation Acts Discreditable Rule Confidential Client Information Rule Interpretations under the Confidential Client Information Rule

Eagerly awaited changes to the DOL independence guidance for employee benefit plans are live in the Federal Register today. Listen as Summer Young, CPA, currently a senior manager in the AICPA Professional Ethics Division and formerly a practicing EBP auditor, walks us through the history and changes. Keep an eye on the Online Ethics Library for helpful guidance we'll be publishing and also be sure to check out the AICPA Employee Benefit Plan Audit Quality Center. DOL resources Press release Interpretive bulletin Federal Register notice

Patches and the "discrete tool" exception... Important concepts when considering whether the help you're giving a client will impair your independence. In this episode, Liese Faircloth and Iryna Klepcha, two CPAs on staff in the AICPA Professional Ethics Division, continue their discussion with Dan O'Daly, a managing director in Deloitte's independence office, about changes to the Code of Professional Conduct related to technology. If you missed the first two parts of this discussion, look for episodes 57 and 58. Related resources Information Systems Services interpretation ISS practice aid Nonauthoritative questions and answers regarding cybersecurity services Nonauthoritative questions and answers regarding information systems Internal Audit interpretation Our confidential ethics hotline can be reached at 888.777.7077 then dial option 2, option 3 If you'd like email updates about new Ethically Speaking episodes and other ethics content, subscribe to Digital Dose of Ethics. Just click the link and type "Subscribe" in the subject line. You can unsubscribe at any time.

In this episode, Liese Faircloth and Iryna Klepcha, two CPAs on staff in the AICPA Professional Ethics Division, continue their discussion with Dan O'Daly, a managing director in Deloitte's independence office, about changes to the Code of Professional Conduct related to technology. They highlight why PEEC concluded that operating or managing a client's IT help desk is a management responsibility, and give examples of when providing IT help desk related tasks will and won't impair independence. If you missed the first part of this discussion, look for episode 57. Related resources Information Systems Services interpretation ISS practice aid Nonauthoritative questions and answers regarding cybersecurity services Nonauthoritative questions and answers regarding information systems Internal Audit interpretation

It's rare to scan through a professional news feed these days without an article or opinion piece on technology in the accounting profession. The changes are exciting and the implications for practice are profound. And there are some things you need to be aware of when it comes to independence. In this episode, Dan O'Daly, a managing director in Deloitte's independence office, talks with Liese Faircloth and Iryna Klepcha, two CPAs on staff in the AICPA Professional Ethics Division, about changes to the Code of Professional Conduct related to technology. The revised interpretation "Information Systems Services" becomes effective January 2023. Be sure to catch each of the three episodes in this "ISS" series to find out what you need to know to be prepared. Helpful links 3 new Q&As on implementing the interpretation Practice aid Other interpretations mentioned in the episode: Cumulative Effect on Independence When Providing Multiple Nonattest Services Management Responsibilities General Requirements for Performing Nonattest Services Documentation Requirements When Providing Nonattest Services If you'd like email updates about new Ethically Speaking episodes and other ethics content, subscribe to Digital Dose of Ethics. Just click the link and type "Subscribe" in the subject line. You can unsubscribe at any time.

Listen as Toni Lee-Andrews and staff of the Professional Ethics Division give an overview of the Professional Ethics Executive Committee's 3rd quarter meeting. Topics include updates on information systems services and noncompliance with laws and regulations. Check out the Online Ethics Library. If you don't have the link handy, just type aicpa.org/ethicslibrary into the address field of your browser. For more details about the meeting, see meeting minutes and agendas. Minutes for this meeting should be available soon. You can also register to attend future PEEC meetings. Get free CPE while staying current with what's happening in ethics both at home and abroad. If you have comments on this episode or if you'd like to suggest ideas for future episodes, email us at [email protected].

The Great Resignation... the Great Reshuffle... the Big Quit. Different names for the same phenomenon that we see happening all around us. Our profession is no exception, but there may be important ethical considerations if you are moving into a role at an attest client of your firm. In this episode, we discuss simultaneous and subsequent employment considerations that Melissa Powell, CPA, and Emily Daly, CPA, have been talking with members about on the ethics hotline. Resources mentioned "Considering Employment or Association With an Attest Client" interpretation "Subsequent Employment or Association With an Attest Client" interpretation "Simultaneous Employment or Association With an Attest Client" interpretation Conceptual Framework for Independence Chapter 2 of the Plain English guide to independence

Did you know there's a confidential ethics hotline? You can call 888.777.7077 then dial option 2, option 3 when you have questions about ethics and the Code of Professional Conduct. It's true. In this episode, Emily Daly, CPA talks all about the hotline, explaining what we can and can't answer, how it all works, when you can expect to hear back about an issue, and other topics. Email us at [email protected] if you have comments on this episode or if you'd like to suggest topics for future episodes.

Listen as Mimi-Blanco Best and Ellen Goria, CPAs and associate directors at the AICPA, discuss some potential pitfalls of SOC 2® reporting and offer advice and tools for avoiding issues and ensuring you meet your ethical responsibilites when performing these engagements. Q&As Here are the Q&As Mimi and Ellen discuss. You'll need to be signed into your AICPA account to access these. If you don't already have an account, you can sign up free of charge. SOC 2 guide The AICPA will be publishing a new edition of the SOC 2 guide this year and both of these purchase options give you a full year subscription to updates: Online subscription Ebook

PEEC is proposing changes to the AICPA Code of Professional Conduct. Listen as Melissa Powell, CPA, and Nancy Miller, CPA discuss why the changes are necessary and what PEEC hopes to learn from members and other interested parties during the comment period for two new exposure drafts. You can find the exposure drafts and online comment forms at www.aicpa.org/ethicscomments You can also read the Journal of Accountancy announcement. If you have comments on this episode or if you'd like to suggest topics for future episodes, email us at [email protected].

Toni Lee-Andrews and staff of the Professional Ethics Division give an overview of the Professional Ethics Executive Committee's 2nd quarter meeting. Topics include compliance audits, unpaid fees, client confidentiality and data security, information systems services, and more. For more details about the meeting, see meeting minutes and agendas. Minutes for this meeting should be available in June. You can also register to attend future PEEC meetings. Get free CPE while staying current with what's happening in ethics both at home and abroad. If you have comments on this episode or if you'd like to suggest ideas for future episodes, email us at [email protected].

In this episode, John Wiley, CPA, and Jeff Lewis, CPA, continue their discussion of what it means to act with honor, specifically as that relates to fees. If you missed the previous parts of this discussion, look for episodes 48 and 49, which are parts 11 and 12 of the back to basics series.

Listen as John Wiley, CPA, and Jeff Lewis, CPA, continue their discussion of what it means to act with honor. In this episode, they discuss an important topic: maintaining client confidentiality. If you missed the first part of this discussion, look for episode 48, or part 11 of the back to basics series.

What does it mean to "act with honor"? That can be subjective, certainly, but the AICPA Code of Professional Conduct has guidance on what it means for our profession. Listen as John Wiley, CPA, and Jeff Lewis, CPA discuss some questions that come into the ethics hotline as well as some general complaints we hear in the ethics division.

Defining a family relationship may seem simple. But is it really? In this week's episode, Sarah Brack, CPA, and April Sherman, CPA, look at family relationships and how they can affect an auditor's independence. You may be surprised at some things they discuss! Helpful related resources AICPA Code of Professional Conduct Plain English guide to independence Independence rules comparison: AICPA and Government Auditing Standardsf

When do members in business and industry need to be concerned about independence? What are some relationships that can impair independence? In this episode, Sarah Brack, CPA, and April Sherman, CPA, discuss various financial relationships and their possible effects on independence. Helpful related resources AICPA Code of Professional Conduct Plain English guide to independence Independence rules comparison: AICPA and Government Auditing Standards

What happens when you do everything right but still experience an inadvertent breach of independence? What is a breach? In their continuing discussion of independence, Jennifer Kappler, CPA, and Nancy Miller, CPA, answer these questions as well as discussing related systems of quality control. They also discuss how independence breaches can affect members in business, who are often the clients of auditors. Helpful related resources AICPA Code of Professional Conduct Plain English guide to independence Independence rules comparison: AICPA and Government Auditing Standards

What do you need to be aware of when you're providing nonattest services to audit and attest clients? What does the code mean by "suitable skills, knowledge, and experience"? Listen as Jennifer Kappler, CPA, and Nancy Miller, CPA discuss these important questions. Helpful related resources AICPA Code of Professional Conduct Plain English guide to independence Independence rules comparison: AICPA and Government Auditing Standards

Independence of mind is a vital aspect of ethics. The Independence Rule and the related interpretations help practitioners with solid guidelines when working with audit and attest clients. But what about situations you may find yourself in where the code is silent? That's where the Conceptual Framework Approach (ET sec. 1.210) comes in. In this episode, Jennifer Kappler, CPA, talks about the conceptual framework with Nancy Miller, CPA. Helpful related resources AICPA Code of Professional Conduct Plain English guide to independence Common deficiencies: Government and not-for-profit audits Independence rules comparison: AICPA and Government Auditing Standards

Do you know what your responsibilities under the AICPA Code of Professional Conduct are when you encounter a situation that could compromise your integrity or objectivity? Get a refresher in this episode with Sarah Brack, CPA, CGMA, CGFM, and Lewis Sharpstone, CPA. You can find the code at www.aicpa.org/codeofconduct.

Listen as Sarah Brack, CPA, CGMA, CGFM, and Lewis Sharpstone, CPA, discuss the foundations of integrity and objectivity in the AICPA Code of Professional Conduct. You can find the code at www.aicpa.org/codeofconduct.

Jennifer Kappler, a manager in the ethics division, and Ian Benjamin, CPA discuss the ins and outs of auditing government entities. Helpful related resources AICPA Code of Professional Conduct Common deficiencies: Government and not-for-profit audits Independence rules comparison: AICPA and Government Auditing Standards Look for other episodes in this series with the search bar at the top of the show notes. Search for "B2B" or "back to basics." If you have feedback on this episode or if you'd like to suggest topics for future episodes, shoot us an email at [email protected]. Be sure to subscribe so you'll catch every episode of Ethically Speaking. Just search for the podcast at your favorite streaming platform and look for our jolly citrus logo.

Jennifer Kappler, a manager in the ethics division, and Ian Benjamin, CPA discuss why compliance with auditing and accounting standards is so important for a self-regulating profession. Helpful related resources AICPA Code of Professional Conduct Common deficiencies: Employee benefit plan audits Common deficiencies: Government and not-for-profit audits Look for other episodes in this series with the search bar at the top of the show notes. Search for "B2B" or "back to basics." If you have feedback on this episode or if you'd like to suggest topics for future episodes, shoot us an email at [email protected]. Be sure to subscribe so you'll catch every episode of Ethically Speaking. Just search for the podcast at your favorite streaming platform and look for our jolly citrus logo.

In this first episode of our "Back to basics" series, John Wiley, CPA, ABV, CGMA and Jerry Love, CPA, CVA, ABV, PFS, CFP, MAFF bring their considerable expertise to this opening overview of the Code of Professional Conduct and its vital role in our self-regulating profession. Whether you're a member in business or a member in public practice, there's something here for you. You can find the AICPA Code of Professional Conduct at aicpa.org/codeofconduct. Look for other episodes in this series with the search bar at the top of the show notes. Search for "B2B" or "back to basics." If you have feedback on this episode or if you'd like to suggest topics for future episodes, shoot us an email at [email protected]. Be sure to subscribe so you'll catch every episode of Ethically Speaking. Just search for the podcast at your favorite streaming platform and look for our jolly citrus logo.

Listen as ethics division staff give an update on PEEC's meeting. The committee approved several changes to the Code of Professional conduct in the following areas: Noncompliance with laws and regulations Unpaid fees Assisting clients with implementing accounting standards Loans, acquisitions, and other transactions Visit PEEC's project page for documents related to all of these and expect to see the final pronouncements on that page soon. Other projects There are lot of other updates as well, and here's a list of projects mentioned in the episode: Practice aid: Independence considerations for information system services Quiz: Ethical standards to consider when accepting or continuing an attest engagementin the Journal of Accountancy 2021 Plain English Guide to Independence Q&A related to applying the affiliate definition and client affiliates interpretation to individuals (FAQs: General ethics) Acronyms mentioned in this episode We slipped some acros in without explanation, so in case you're wondering, here's a list of those: USERRA – Uniformed Services Employment and Reemployment Rights Act SSAE – Statements on Standards for Attestation Engagements IESBA – International Ethics Standards Board for Accountants ISQM – International Standards for Quality Management PIOB – Public Interest Oversight Board IFAC – International Federation of Accountants If you have comments or ideas for future episodes, email us at [email protected]

The Professional Ethics Executive Committee's 4th quarter meeting covered several ongoing projects and some new ones as well. Listen as division staff provide updates on discussions of the following projects: Noncompliance with laws and regulations (NOCLAR) Information systems services (ISS) Current standards-setting and member enrichment project updates Compliance audits Objectivity of engagement quality reviewers Temporary enforcement policy addressing conflicts between the AICPA Code of Professional Conduct and the Uniform Service Employment and Reemployment Rights Act IESBA update Client affiliates Statements on Standards for Tax Services Resources mentioned in the episode For additional details of discussions at this quarter's meeting, check the meeting agenda; minutes will be available at that link soon. We offer CPE credit for meeting attendance; register here to attend the February meeting. Email us at [email protected] to sign up for educational round tables covering new guidance on information systems services. PEEC and ethics division projects update International Ethics Standards Board of Accountancy update

New independence guidance on loaning staff to clients becomes effective November 30, 2021. In this episode, you'll hear the 5 things you need to be aware of when you enter staff augmentation arrangements with your clients. Resources Staff Augmentation Arrangements interpretation Staff augmentation Qs & As Journal of Accountancy articles March 2021 September 2020

How do loans to and from attest clients affect your independence? The Professional Ethics Executive Committee (PEEC) is proposing changes to the Code of Professional Conduct related to loans and acquisitions. Take this opportunity to hear about the proposed changes and send your comments for consideration. The exposure period for this guidance runs through January 5, 2022 and in this episode you'll hear: Which practitioners will be affected How practice will be affected What PEEC is hoping to learn during the exposure period Why PEEC believes the new guidance is necessary Resources You can find the text of the exposure draft here. If you'd like to send comments, but not a formal comment letter, use our online comment submission form. You can also send an email to [email protected]. If you have questions about the substantive content of this episode, please call the ethics hotline at 888.777.7077 (option 2, then option 3) or email [email protected]. If you'd like to suggest topics for future episodes, please email [email protected].

PEEC wants to hear from you about proposed changes to the AICPA Code of Professional Conduct. In this episode, we discuss a new independence interpretation on assisting clients with accounting standards implementation. You'll hear: Which practitioners will be affected How practice will be affected What PEEC is hoping to learn from commenters during the exposure period Why PEEC believes the new guidance is necessary Resources You can find the text of the practice aid here. You can email comments to [email protected] or you can use this online form to submit your thoughts.

When considering changes to the AICPA Code of Professional Conduct, the Professional Ethics Executive Committee (PEEC) wants to hear what our members and other interested parties have to say. This new series is a helpful addition to the text of exposure drafts: You can have a quick listen while going about your business to get those feedback synapses firing and take time later to dive into the text. In this inaugural episode, we discuss changes to the "Unpaid Fees" interpretation under the independence rule. You'll hear: Which practitioners will be affected How practice will be affected What PEEC is hoping to learn from commenters during the exposure period Why PEEC believes the new guidance is necessary Resources You can find the text of the practice aid here. You can email comments to [email protected] or you can use this online form to submit your thoughts. If your streaming platform doesn't support links, see this episode's show notes at ethicallyspeaking.libsyn.com to access resources. If you have questions about the substantive content of this episode, please call the ethics hotline at 888.777.7077 (option 2, then option 3) or email [email protected]. If you'd like to suggest topics for future episodes, please email [email protected].

Have you ever wondered how you can become a member the Professional Ethics Executive Committee, other executive committee, or any volunteer body at the AICPA? Attendees at the AICPA's 2021 ENGAGE conference had some great questions for presenters Jim Brackens, Vice President of Ethics and Practice Quality at the AICPA, and Lewis Sharpstone, CEO of Sharpstone and Co. in California and current member of PEEC. Listen to this episode for questions on upcoming practice aids, Qs & As, and opportunities for cost-free CPE credits. If you missed part 1 of this episode, be sure to go back and listen. You'll hear how the process for changing the AICPA Code of Professional Conduct works, including the exposure draft process. You'll also hear about the ethics division's enforcement process. Resources If you're interested in volunteering, go to aicpa.org/volunteer. Applications are being accepted through October 1, 2021 for the 2022-23 committee year. You can find member enrichment materials mentioned in this episode at aicpa.org/PEECprojects as soon as they are published. We offer CPE credit for attendance at PEEC meetings. You can find out upcoming dates and register at aicpa.org/PEECmeeting. If you have questions about the substantive content of this episode, please call the ethics hotline at 888.777.7077 (option 2, then option 3) or email [email protected]. If you'd like to suggest topics for future episodes, please email [email protected].

Ever wonder what, exactly the Professional Ethics Executive Committee (PEEC) does or what the process is for changing the AICPA Code of Professional Conduct? Attendees at the AICPA's 2021 ENGAGE conference had some great questions for presenters Jim Brackens, Vice President of Ethics and Practice Quality at the AICPA, and Lewis Sharpstone, CEO of Sharpstone and Co. in California and current member of PEEC. Listen to this episode for answers to questions that range from how the process for changing the Code of Professional Conduct works to whether the enforcement activities of the ethics division are punitive. Also look for part 2 of this episode, which covers recent and upcoming member enrichment, comprising publications and events from the division to enhance your practice and make compliance with the code simpler. Resources After September 20, 2021, you'll find files for the exposure drafts and member enrichment materials mentioned in this episode at aicpa.org/PEECprojects. If you have questions about the substantive content of this episode, please call the ethics hotline at 888.777.7077 (option 2, then option 3) or email [email protected]. If you'd like to suggest topics for future episodes, please email [email protected].

At this quarter's meeting, the Professional Ethics Executive Committee agreed to issue five new Qs & As and three new ethics exposure drafts. The Auditing Standards Board has also issued exposure drafts on quality management and Ahava Goldman of the AICPA Audit and Attest team spoke about those at the meeting. PEEC discussed several other standards-setting and member enrichment projects as well. Listen as Toni Lee-Andrews, AICPA Professional Ethics Division Director, and staff discuss these projects: SEC convergence (exposure draft) IESBA and IFAC convergence Unpaid fees (exposure draft) Assisting attest clients with implementing accounting standards (exposure draft) Information systems services practice aid Compliance audits Staff augmentation Qs & As NOCLAR interpretation Statements on Standards for Tax Services Quality management Member enrichment To see the quality management exposure drafts, visit the AICPA Accounting and Auditing website. You'll also find links there to several supporting documents, including this video explaining the project. PEEC's next meeting is November 16, 2021 and we'd love you to register and join us. Keep an eye on this page for links to the three ethics exposure drafts and the Qs & As as we publish them. If you have questions about the substantive content of this episode, please call the ethics hotline at 888.777.7077 (option 2, then option 3) or email [email protected]. If you'd like to suggest topics for future episodes, please email [email protected].

A high priority of the Professional Ethics, Peer Review, and CPA Evolution teams at the AICPA is to help you, the practitioner, navigate the tricky waters of challenging times. In this episode, you'll hear from the teams' directors about this work and upcoming resources soon to be available.

Did you know when you joined the AICPA as a member that we have an ethics investigation and enforcement team? Do you know what we do as opposed to state boards of accountancy and federal agencies like the US Department of Labor? In this episode, Jennifer Clayton, Associate Director of Ethics Enforcement at the AICPA, talks with Ian Benjamin, Enforcement Subcommittee Chair, and Melissa Critcher, Subgroup Chair, to clear up some common misperceptions about the AICPA's enforcement activities. You'll hear how the works with state boards of accountancy and federal agencies and how our focus on remediation helps our members and makes our process different. If you're interested in more specifics about our investigation and enforcement process, you can listen to episode 5 of Ethically Speaking: Yikes! I'm being investigated. What now?

With remote work becoming more common, questions arise about what "office" means in terms of independence. Listen as Michael Schertingzer, CPA, and Kelly Hunter, CPA, discuss the history of the Professional Ethics Executive Committee's project on the definition of "office" as well as some particulars practitioners and firms should be aware of.

Tune into this first episode of our new ongoing series "What's hot on the hotline." In this episode Professional Ethics Division staffers Shannon Ziemba, CPA, CGMA and Liese Faircloth, CPA discuss records requests and nonattest services.

The Professional Ethics Executive Committee held its second quarter meeting this week. Listen as Toni Lee-Andrews, director of the AICPA Professional Ethics Division, and staff fill you in on the highlights, including SEC and IESBA convergence, staff augmentation, upcoming member enrichment projects and more.

The Professional Ethics Executive Committee had its 1Q meeting this week. Listen as Toni Lee-Andrews, director of the AICPA Professional Ethics Division, and staff fill you in on the highlights, including key votes on NOCLAR, records requests, and staff augmentation. If you'd like more detail than we cover in this episode, you can review the meeting agenda. Full meeting minutes will be on PEEC's meeting information page after PEEC's next meeting in May. What you'll hear: (00:36) Welcome (01:08) NOCLAR (02:05) Staff augmentation (09:48) Records requests (12:50) SEC convergence (16:00) Compliance audits (18:27) Convergence with IFAC's role and mindset standard (20:05) IESBA activity (22:45) Statements on Standards for Tax Services If you have questions about the substantive content of this episode, please call the ethics hotline at 888.777.7077 (option 2, then option 3) or email [email protected]. If you'd like to suggest topics for future episodes, please email [email protected]

The Professional Ethics Executive Committee had its 4Q meeting this week. Listen as Toni Lee-Andrews, Director of the AICPA Professional Ethics Division, and staff fill you in on the highlights, including what you can expect to see in 2021 as a result of PEEC's strategy and work plan. What you'll hear about: Introduction (00:33) NOCLAR (01:55) Records requests (02:33) PEEC's three-year trategy and work plan (03:40) New Qs&As on pooled employer plans (06:06) The SEC's recent independence revision (07:00) Non-enforcement policy (07:40) Projects the International Ethics Standards Board for Accountants (IESBA) is working on (10:35) Closing, including information on upcoming December interim meeting

Listen as staff of the AICPA Professional Ethics Division discuss updates to the Plain English guide to independence since 2017. You'll hear about hosting services, information system services, and new SEC guidance, among other topics. Go to aicpa.org/plainenglishguide to access the guide.

This second of two Ethically Speaking episodes on PPP forgiveness engagements covers some questions we've had on the ethics hotline. Toni Lee-Andrews, Director of the AICPA Professional Ethics Division, takes a dive into specifics with Jim Brackens, AICPA Vice President of Ethics and Practice Quality, and Bob Dohrer, Chief Auditor of the AICPA Audit and Attest Standards team. Resources mentioned in this episode will be available soon on the show notes page at aicpa.org/ethicallyspeaking.