PEEC seeks input on proposed revisions to ‘public interest entity’ definition
June 18, 2026
The AICPA Professional Ethics Executive Committee has proposed changes to the definition of “public interest entity” in its Code of Professional Conduct.
The proposal reflects PEEC’s efforts to better align the definition with regulatory thresholds established by the Federal Deposit Insurance Corporation and the National Association of Insurance Commissioners.
The proposed revisions remove the fixed-dollar thresholds in the current definition and directly reference thresholds set by the FDIC and NAIC. The goal is to ensure that the code keeps pace with future regulatory updates without requiring additional standard-setting actions.
The AICPA will accept public comments on the exposure draft through Tuesday, Sept. 15. After the comment period ends, PEEC will evaluate the feedback and determine whether to issue a final revised definition. Read more.