The AICPA Professional Ethics Executive Committee is reproposing a new interpretation that would address independence requirements related to “staff augmentation” arrangements in which a CPA firm loans staff to a client.
The revised proposal indicates that a staff augmentation arrangement with an attest client would impair independence unless certain safeguards are in place.
The AICPA will accept comments on the proposed interpretation via email at Ethics-ExposureDraft@aicpa.org through Dec. 8.