The AICPA Professional Ethics Executive Committee (PEEC) has proposed revisions to four interpretations and one definition that address amended independence rules issued by the SEC in 2020.
The SEC’s amendments to certain requirements aimed to prevent the triggering of auditor independence rules violations in situations that do not necessarily impair an auditor’s judgment or impartiality. Find the PEEC’s proposed revisions here.
The AICPA will accept comments on the proposal through Jan. 5 by email or online at aicpa.org/ethicscomments.