Ep. 34: EDs on the go — Loans, acquisitions, and other transactions
Episode description
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 ethics-exposuredraft@aicpa.org.
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 ethics@aicpa.org.
If you’d like to suggest topics for future episodes, please email ethicallyspeaking@aicpa.org.