The AICPA professional ethics executive committee issues
an exposure draft ( www.aicpa.org/members/div/ethics/ed020617.htm
) with revisions of five independence interpretations and/ or
rulings. The proposed changes relate to trustee or executor
relationships with clients, former practitioners and firm
independence, relationships with entities included in government
financial statements, auditors of insurance companies and depository
relationships with clients’ financial institutions. Comments on the ED
are due August 17.
Professional Issues
