How to Comply with the New AICPA Ethics Standards for M&A
The rise in firm discontinuances and sales brings with it a host of practitioner concerns regarding independence, confidentiality, and the transfer of client files. To address these concerns and provide specific guidance, the Professional Ethics Executive Committee issued two new interpretations of the AICPA Code of Professional Conduct (the Code) and revised an existing interpretation. April Sherman, manager at AICPA Professional Ethics Division, explains.
To read the full article in the Journal of Accountancy, click: How to Comply with the New AICPA Ethics Standards for M&A.