Changes to AICPA Interpretations and Definitions Pose Risks for Those Unaware
The AICPA’s Professional Ethics Executive Committee has revised existing ethics definitions and existing and adopted new interpretations. The new and revised interpretations and guidance include new definitions for “Attest client” (ET sec. 0.400.03) and “Client” (ET sec. 0.400.07) which could be an issue for accountants unaware of the change. The revised definition of “Client” clarifies … Read more