Exposure draft issued on code of conduct revisions.

• Position: AICPA Code of Professional Conduct - American Institute of Certified Public Accountants - Brief article

The AICPA Professional Ethics Executive Committee is proposing revisions in two areas of the AICPA Code of Professional Conduct. One is a proposal for two new ethics rulings that would provide guidance on whether or not a member's objectivity and independence is impaired by offering or accepting gifts/entertainment to or from a client (both attest and nonattest), or customer or vendor of the member's employer. The second proposal focuses on members' responsibilities when clients request records or other documents. The revised interpretation defines four categories of documents and...