Description
The Professional Ethics Executive Committee (PEEC) interprets and enforces the AICPA Code of Professional Conduct, which provides guidance for ethical business conduct. A pillar of the Code of Professional Conduct is the rules governing independence when performing attest services, particularly how to safeguard independence when both attest and non-attest services are provided.
Highlights
- Overview of the PEEC Conceptual Framework
- Familiarity, self-interest, self-review and other independence threats
- General requirements and management responsibilities when performing both attest and non-attest services
- Safeguards for common independence threats
Objectives
- Explain the PEEC Independence Conceptual Framework
- Discuss threats and safeguards relating to performing both attest and non-attest services for clients
- Explain other common independence threats for non-issuers
Designed For
Accountants with at least six months professional experience