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November 30, 2022

Exposure Drafts: How to Both Comply with the AICPA Code of Professional Conduct and Celebrate Father’s Day

1 Comment

  1. Read interpretation 1.270.100 of the AICPA Code of Conduct. You don’t have to ask any close relatives whether they have a direct or materially indirect interest in any of your audit clients. Instead, it reads that should you “know or has reason to believe was material to the close relative or enabled the close relative to exercise significant influence over the attest client”.

    BTW, the AICPA thinks you are nothing but a tool. Your hatchet job from 10 years ago created a lot of laughter. They were laughing at you.

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