AICPA members vote overwhelmingly to adopt bylaw amendments to strengthen ethics enforcement process.
In the recent member referendum, AICPA members voted by a 7-to-1 margin to adopt proposals to amend the AICPA bylaws that will enhance the AICPA's ethics enforcement process. The first proposal will broaden the AICPA's ability to "automatically" sanction an AICPA member if a regulatory authority that has been approved by the Professional Ethics Executive Committee and the AICPA Board of Directors has taken disciplinary action against the member. The amended bylaw retains the current provision which allows the member to appeal to the Joint Trial Board that the automatic sanction should not be applied, but now extends that right of appeal to the PEEC as well.
The second proposal enhances the transparency of the AICPA's disciplinary process. The proposal allows the PEEC to...
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