At its February 2021 meeting, the Professional Ethics Executive Committee (PEEC) adopted a new interpretation under the “Independence Rule” (ET sec. 1.200.001): “Staff Augmentation Arrangements” (ET sec. 1.275.007).
PEEC also adopted these revised independence interpretations:
“Client Affiliates” (ET sec. 1.224.010)
“Agreed-Upon Procedure Engagements Performed in Accordance With SSAEs” (ET sec. 1.297.020)
“Scope and Applicability of Nonattest Services (ET sec. 1.295.010)
The downloadable documents below contains the following information:
Text of Interpretation “Staff Augmentation Arrangements”
Text of Revised Interpretation “Client Affiliates”