Statements of Position



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The following revisions and interpretations are being proposed: 1. REVISION OF THE APPLICABILITY SECTION OF THE AICPA CODE OF PROFESSIONAL CONDUCT; 2. REVISION OF INTERPRETATION 101-2: Former Practitioners and Firm Independence; 3. INTERPRETATION UNDER RULE 101: Independence and Attest Engagements; 4. INTERPRETATION UNDER RULE 102: Conflicts of Interest; 5. INTERPRETATION UNDER RULE 301: Application of Exemptions 2 and 4 of Rule 301 to AICPA Members; 6. INTERPRETATION 501-5: Failure to Follow Requirements of Governmental Bodies, Commissions, or Other Regulatory Agencies in Performing Attest or Similar Services; 7. ETHICS RULING UNDER RULE 101: Use of Nonindependent CPA Firm on an Engagement; 8. REVISION OF ETHICS RULING NO. 31 UNDER RULE 101: Financial Interest in a Cooperative, Condominium Association, Planned Unit Development, Homeowners Association, Timeshare Development, or Other Common Interest Realty Association; 9. REVISION OF ETHICS RULING NO. 7 UNDER RULE 301: Revealing Names of Clients; 10. REVISION OF ETHICS RULING NO. 176 UNDER RULE 502: Newsletters and Publications Prepared by Others; 11. REVISION OF INTERPRETATION 502-2 UNDER RULE 502: False, Misleading, or Deceptive Acts in Advertising or Solicitation; 12. DELETION OF INTERPRETATION 502-1 UNDER RULE 502: Informational Advertising; 13. DELETION OF ETHICS RULING NO. 127 UNDER RULE 504: State Controller; 14. DELETION OF ETHICS RULING NO. 132 UNDER RULE 504: Tax Practice: Conflict of Interest; 15. DELETION OF ETHICS RULING NO. 86 UNDER RULE 502: Paid for by Others, Name in Client Ad; 16. DELETION OF ETHICS RULING NO. 4 UNDER RULE 301: Prior Client Relationship; 17. DELETION OF INTERPRETATION 301-1 UNDER RULE 301: Confidential Information and Technical Standards.

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Business ethics -- United States; Auditors -- Professional ethics -- Standards -- United States


Accounting | Taxation


Originally published by: American Institute of Certified Public Accountants; Copyright and permission to reprint held by: American Institute of Certified Public Accountants.

Omnibus proposal of Professional Ethics Division interpretations and rulings; Exposure draft (American Institute of Certified Public Accountants), 1989, Jan. 12



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