Tag Archives: PEEC

Boards Urged to Study Codification

State Board Report July 2013 Find someone on your State Board to review the AICPA’s Code of Conduct’s codification and then have him or her come back to discuss it with the entire Board as to its implications for your state, advised NASBA Director-at-Large and Ethics Committee Chair Raymond N. Johnson (OR), at the Eastern…

Written on July 24, 2013 at 6:11 pm, by

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Categories: State Board Reports
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NASBA Comments on ARSC and PEEC EDs

State Board Report September 2012 Following weeks of discussion by the Regulatory Response Committee and the Ethics and Professional Issues Committee, then vetting by the Regional Directors, on September 6 NASBA Chair Mark P. Harris and President Ken L. Bishop sent a letter in response to exposure drafts released by the AICPA’s Professional Ethics Executive…

Written on September 18, 2012 at 9:06 am, by

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Categories: State Board Reports
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NASBA Comments on PEEC, ARSC Drafts 9/6/12

September 6, 2012 The following are NASBA’s comments regarding Exposure Draft dated June 29, 2012 – Omnibus Proposal, AICPA Professional Ethics Executive Committee, Proposed Revised and New Interpretations and Proposed Deletions of Ethics Rulings, Proposed Revised Interpretation No. 101-3 Under Rule 101; and Exposure Draft dated June 29, 2012 – Proposed Statements on Standards for…

Written on September 10, 2012 at 10:36 am, by

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Categories: Comment Letters
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Audit Fees and Engagement Discussion Paper

October 22, 2010 Monitor and evaluate the issues of the AICPA’s Professional Ethics Executive Committee (PEEC), to harmonize ethics standards of State Boards of Accountancy with other regulatory bodies, to promote the development and adoption of UAA ethics provisions uniformly among the states, and to share with state boards emerging ethics and other professional issues.…

Written on October 22, 2010 at 4:41 pm, by

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Categories: Exposure Drafts & Discussion Papers
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Discussion Paper Final Uniform Independence Definition

October 22, 2010 Monitor and evaluate the issues of the AICPA’s Professional Ethics Executive Committee (PEEC), to harmonize ethics standards of State Boards of Accountancy with other regulatory bodies, to promote the development and adoption of UAA ethics provisions uniformly among the states, and to share with state boards emerging ethics and other professional issues.…

Written on October 22, 2010 at 3:47 pm, by

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Categories: Exposure Drafts & Discussion Papers
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AICPA Ethics: Independence Codification

October 13, 2009 The AICPA Professional Ethics Executive Committee (PEEC) has begun a project to create a single source of easy-to use guidance on AICPA ethics and independence matters. The project will entail restructuring the AICPA Code of Professional Conduct (Code) and combining its guidance with related guidance that is currently not in the Code to…

Written on October 13, 2009 at 1:32 pm, by

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Categories: AICPA
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Letter of Comment to the AICPA’s Proposed Interpretation of Rule 501-8 1/15/08

January 15, 2008 NASBA comments to the Members of the Professional Ethics Executive Committee about the “Proposal of Professional Ethics Division, Proposed Interpretation 501-8 Under Rule 501: Failure to follow requirements of governmental bodies, commissions, or other regulatory agencies on indemnification and limitation of liability agreements with a client.” The proposal affects members that agree…

Written on January 15, 2008 at 3:40 pm, by

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Categories: Comment Letters
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Letter from NASBA to PEEC re: Omnibus Proposal 11/2/06

November 2, 2006 NASBA comments to the Professional Ethics Executive Committee (“PEEC”) of the American Institute of Certified Public Accountants (“AICPA”) on its Omnibus Proposal dated September 8, 2006. NASBA addresses multiple issues that the PEEC will have to correct before it can be approved. Issues include: Indemnification and Limitation of Liability Provisions for Attest…

Written on November 2, 2006 at 2:35 pm, by

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Categories: Comment Letters
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