interpretation 101-3

• Interpretation 101-3 breaking news.

• California CPA
• Vol. 73 Nbr. 8, March 2005

• New Guidance for Interpretation 101-3, Nonattest Services

• Practicing CPA, The
• Vol. 28 Nbr. 9, November 2004

• Guidance available on complying with Ethics Interpretation 101-3 on providing nonattest services to attest clients.

• CPA Letter
• Vol. 84 Nbr. 10, October 2004

• Complying with Ethics Interpretation 101-3: Nonattest Services

As of December 31, 2004, practitioners are required to comply with Ethics Interpretation No. 101-3, Performance of Nonattest Services, under Rule 101, Independence. The documentation requirement applies to all nonattest services in process on or commencing after December 31, 2003.

• Practicing CPA, The
• Vol. 29 Nbr. 2, February 2005

• Complying with ethics interpretation 101-3 on providing non-attest services to attest clients.

• CPA Letter
• Vol. 84 Nbr. 9, September 2004

• Preserving Independence for Those Providing Attest Services

AICPA and PICPA recently changed their codes of professional conduct to include Ethics Interpretation 101-3 (ET 101-3), Performance of Nonattest Services under Rule 101, Independence. This ethics update covers members who are providing nonattest accounting services to clients for whom the member, or member's firm, also provides attest services. There are three general requirements a CPA must follow if performing nonattest services for a client to whom attest services also are provided. The first requirement is that the member should not perform management functions or make management decisions. The second guideline is that the client must agree to assume certain responsibilities related to the nonattest function. Lastly, The CPA should document the understanding in the engagement letter...

• Pennsylvania CPA Journal
• Vol. 79 Nbr. 2, July 2008

• Independence Standards-Putting It All Together

Separation of nonattest services from attest services no longer applies just to audit clients. All CPAs are subject to new rules following a major revision of AICPA Ethics Interpretation 101-3, Performance of Nonattest Services, which took effect December 31, 2003. The client must agree to perform the following functions in connection with the engagement to perform nonattest services: 1. make all management decisions and perform all management functions, 2. designate a competent employee to oversee the services, 3. evaluate the adequacy and results of the services performed, 4. accept responsibility for the results of the services, and 5. establish and maintain internal controls, including monitoring ongoing activities. All firms for audit clients filing periodic reports with the SEC ar...

• California CPA
• Vol. 72 Nbr. 9, May 2004

• New guidance on implementing Interpretation 101-3.

• California CPA
• Vol. 73 Nbr. 7, January 2005

• The AICPA professional ethics executive committee (PEEC) defers until December 31, 2004, the effective date of its recently established requirement--originally effective September 30, 2003--that a member document in writing his or her understanding with a client regarding all nonattest services to satisfy general requirement no. 3 of Interpretation 101-3, 'Nonattest Services,' of the AICPA Code of Professional Conduct.

• Journal of Accountancy
• Vol. 197 Nbr. 4, April 2004

• Test your knowledge of professional ethics.

... about provisions covered under Interpretation 101-3, Performance of Nonattest Services, of the M...

• Journal of Accountancy
• Vol. 210 Nbr. 4, October 2010