Ethics news and resources - Journal of Accountancy

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July 1, 2023

Compliance is good, but a culture of ethics is better

Finance and ethics expert Clare Levison, CPA, CGMA, explores the connection between the good life and knowing and adhering to all the standards and laws that govern the profession.

July 1, 2023

What’s your fraud IQ?

Test your knowledge of ethics standards and how to properly administer and enforce ethics polices within an organization to promote ethical decision-making.

June 15, 2023

PEEC seeks feedback on proposed changes to the Code of Professional Conduct

The AICPA Professional Ethics Executive Committee is releasing proposed changes to the Code to align definitions of public interest entities and publicly traded entities with international ethics standards.

March 15, 2023

PEEC seeks feedback on proposed changes to the Code of Professional Conduct

The AICPA Professional Ethics Executive Committee is releasing proposed changes to the AICPA Code of Professional Conduct. The proposals relate to convergence with international standards and to clarifying members’ ethical responsibilities related to allowable collaboration for CPE.

January 10, 2023

PEEC updates code for compliance audits

The AICPA Professional Ethics Executive Committee (PEEC) approved updates to the AICPA Code of Professional Conduct, including two new definitions and one revised definition.

November 3, 2022

IRS news, Roth conversion considerations, stopping elder financial abuse

Hear about one Inflation Reduction Act concern posed by a leading taxpayer advocate and catch up on recent JofA news and feature articles.

November 2, 2022

NOCLAR: What CPAs in public practice need to know

Here is a summary of the key requirements that apply to members in public practice when offering services to clients, and how CPAs can understand, advise, communicate, withdraw, and document details when faced with NOCLAR.

November 1, 2022

NOCLAR: What CPAs in business should know

New interpretations of AICPA’s Code of Professional Conduct contribute to the fight against financial fraud, money laundering, bribery, and other noncompliance issues. Learn more about your role and specific steps you can take when encountering NOCLAR.

August 1, 2022

Untangling client affiliates

The AICPA Code of Professional Conduct requires CPA firms to identify all their financial statement attest client affiliates.

June 23, 2022

PEEC and ASB issue new requirements for CPAs regarding NOCLAR

New interpretations of noncompliance with laws and regulations (NOCLAR) coincide with an ASB standard regarding prospective auditors’ NOCLAR responsibilities.

June 3, 2022

PEEC proposals update compliance audit definitions and interpretations

The proposed ethics updates include new or revised definitions and interpretations related to independence during compliance audit engagements.

June 1, 2022

Code of conduct changes address NOCLAR, unpaid fees, loans, assisting clients with standards

Learn more about what these changes entail.

May 1, 2022

Can a CPA firm loan staff to an attest client?

Understand the changes to the AICPA Code of Professional Conduct’s independence rules relating to loaning staff to an attest client.

March 21, 2022

PEEC issues wide range of ethics guidance for CPAs

Ethics guidance changed this week for CPAs as a result of new interpretations and revised interpretations issued by the AICPA Professional Ethics Executive Committee.

December 13, 2021

PEEC delays interpretation, adopts temporary policy statement

The effective date of the “Information Systems Services” interpretation has been further delayed by the AICPA Professional Ethics Executive Committee, which also issued a temporary policy statement related to employment statutes that may conflict with independence interpretations.

October 18, 2021

6 ways to make the entire organization care about anti-fraud efforts

Recent conference speaker John Hall, CPA, discusses tangible steps to build a “defensive wall” against fraud and ethics breaches.

October 5, 2021

Revisions proposed to AICPA ethics code address certain SEC rule changes

The AICPA Professional Ethics Executive Committee issued a proposal Tuesday that addresses provisions in the recently amended SEC independence rules.

September 20, 2021

Ethics proposals address unpaid fees, standards implementation services

The AICPA Professional Ethics Executive Committee published two exposure drafts on the issues of unpaid fees and accounting standards implementation services for attest clients.

September 16, 2021

Ethics exposure drafts explained; the makings of a good cover letter

The director of the AICPA’s Professional Ethics Division explains the focus of three upcoming ethics exposure drafts and how the comment process has gotten easier.

August 1, 2021

Frequently asked risk management questions

This column provides a one-stop guide for common professional liability risk management questions and the resources to help answer them.

FROM THIS MONTH'S ISSUE

How a CPA beat burnout after strokes, depression

Randy Crabtree, CPA, suffered two strokes in four days and struggled with his mental health for years before he learned to recognize, address, and prevent chronic stress. Learn from his insights on how CPAs can avoid professional burnout.