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engagement on discovering irregularities in his or her client's tax return. May he or she reveal to the successor accountant why the relationship was terminated? .006 Answer—Rule 301 [sec. 301 par. .01] is not intended to help an un- scrupulous client cover up illegal acts or otherwise hide information by chang- ing C...
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the rm believes is pertinent, directly affects its conclusions and recommendations. How may this information be utilized in connection with the feasibility study engagement and related conclusions and recommendations? .028 Answer—Rule 301 [sec. 301 par. .01] regarding condential client information is not directly ap...
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. .01], and 503, Commissions and Referral Fees [sec. 503 par. .01], prohibit, among other acts, the receipt of contingent fees for the performance of certain services and the receipt of a commission for the referral of products or services under certain circumstances. When is a contingent fee or commission deemed to be...
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may exist as described in Rule 102, Integrity and Objectivity [sec. 102 par. .01], and Interpretation 102-2 [sec. 102 par. .03]. 20. Disclosure of Condential Client Information to Professional Liability Insurance Carrier .039 Question—A member has learned of a potential claim that may be led against the member. The ...
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or withdrawals made by the client during the period. 3. The fee arrangement is not renewed with the client more fre- quently than on a quarterly basis. When performing such services, the member should also consider Rule 101, Independence [sec. 101 par. .01], especially Interpretation 101-3, "Performance of Nonattest S...
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and Referral Fees Rule 503—Commissions and referral fees .................. .01 Interpretation under Rule 503—Commissions and Referral Fees [503-1]—[Deleted] .................................. [.02] 504 [Deleted] 505 Form of Organization and Name Rule 505—Form of organization and name ................. .01 Interpretat...
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......................................... [.063-.064] [33.] Course Instructor [Deleted] ............................ [.065-.066] [34.] Course Promotional Circular [Deleted] ................ [.067-.068] [35.] CPA-Author Credits [Deleted] ......................... [.069-.070] [36.] CPA-Author of Book Review [Deleted] ......
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Employment Ads: ”Situations Wanted” [Deleted] ...... [.135-.136] [69.] Firm Name in Staff Training Manual [Deleted] ......... [.137-.138] [70.] CPA Title on License Plates [Deleted] .................. [.139-.140] [71.] Firm Name on Bowling Shirts [Deleted] ............... [.141-.142] [72.] Firm Name on Desk Calendars ...
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leted] ............................................... [.209-.210] [106.] Information Under Telephone Directory Heading [Deleted] ............................................... [.211-.212] [107.] Member as Consultant for Client’s Customers [Deleted] ............................................... [.213-.214] [108.] Me...
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ation [Deleted] .......................... [.295-.296] [149.] Data Processing: Accounting and Bookkeeping Assistance [Deleted] .................................... [.297-.298] [150.] Data Processing: Billing Service [Deleted] ............ [.299-.300] [151.] Data Processing: Computer Center [Deleted] ......... [.301-.30...
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............................................... [.361-.362] [182.] Termination of Engagement Prior to Completion [Deleted] ............................................... [.363-.364] 183. Use of the AICPA Personal Financial Specialist Designation ............................................. .365-.366 184. Denition o...
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client, except that such records may be withheld if there are fees due to the member for the specic work product. • Member's work products should be provided to the client, except that such work products may be withheld — if there are fees due to the member for the specic work product; — if the work product is incom...
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, statutes, rules, and regulations, in addition to gener- ally accepted auditing standards. If a member has accepted such an engagement and undertakes an obligation to follow specied government audit standards, guides, procedures, statutes, rules and regulations, in addition to generally ac- cepted auditing standards,...
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01]. [Effective May 31, 1999.] .09 501-8—Failure to follow requirements of governmental bodies, commissions, or other regulatory agencies on indemnication and lim- itation of liability provisions in connection with audit and other at- test services Certain governmental bodies, commissions, or other regulatory agencies...
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den- tiality of an employer's condential information continues even after the end of the relationship between a member and the employer. However, the member is entitled to use experience and expertise gained through prior employment relationships. A member would be considered to have committed an act discreditable to ...
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A member who fails to fol- low the accountancy laws, rules, and regulations regarding the use of the CPA credential in all the jurisdictions in which the CPA practices would be consid- ered to have used the CPA credential in a manner that is false, misleading, or deceptive and in violation of Rule 501 [sec. 501 par. ....
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��- nancial statement and the member's compilation report does not disclose a lack of independence; or (c) an examination of prospective nancial information. This prohibition applies during the period in which the member is engaged to perform any of the services listed above and the period covered by any historical n...
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Committee. Revised, July 2002, to reect conforming changes necessary due to the revision of Interpretation No. 101-1. Revised, effective April 30, 2003, by the Professional Ethics Executive Committee. Re- vised, March 2011, by the Professional Ethics Executive Committee, effective May 31, 2011. Revised March 2013, re...
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�rm, as dened in paragraph .24 of section 92. The sharing of a common brand name or common initials of a network as the entire name of the member's rm would not be considered misleading, provided ET §505.04 Form of Organization and Name 2985 the rm is a network rm, as dened in paragraph .24 of section 92, and shar...
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Deleted, March 1978.] [17.] Letterhead for Estate Practice [.033–.034] [Deleted, March 1978.] [18.] Letterhead for Promotional Material [.035–.036] [Deleted, March 1978.] [19.] Mailings to Accountants [.037–.038] [Deleted, March 1978.] [20.] Trade Association Analysis [.039–.040] [Deleted, September 1981.] [21.] Trade ...
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.097–.098] [Deleted, March 1978.] [50.] Data Processing Program Ad in Technical Publications [.099–.100] [Deleted, March 1978.] [51.] Directories in Elevator [.101–.102] [Deleted, March 1978.] [52.] Directory, Alphabetical [.103–.104] [Deleted, March 1978.] [53.] Directory, Chamber of Commerce Buyer’s Guide [.105–.106]...
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Others, Member’s Testimonial Letter [.167–.168] [Deleted, March 1978.] [85.] Paid for by Others, Member’s Testimonial Letter [.169–.170] [Deleted, March 1978.] [86.] Paid for by Others, Name in Client Ad [.171–.172] [Deleted, August 1989.] [87.] Paid for by Others, Radio Program Dedication [.173–.174] [Deleted, March ...
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2011.] [118.] Employment Agency [.235–.236] [Deleted, March 1978.] [119.] Finance Company [.237–.238] [Deleted, March 1978.] [120.] Insurance Broker [.239–.240] [Deleted, March 1978.] [121.] Insurance Salesman [.241–.242] [Deleted, March 1978.] [122.] Investment Advisor [.243–.244] [Deleted, March 1978.] [123.] Loan B...
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par. .01] would not prohibit such a prac- tice. However, clients and others interested should be advised about the dual position of the member to prevent any misunderstanding or misrepresentation. [139.] Partnership with Non-CPA [.277–.278] [Deleted, December 1998.] [140.] Political Election [.279–.280] [Deleted, Nove...
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327–.328] [Deleted, March 1978.] [165.] Sale of Firm Publications [.329–.330] [Deleted, March 1978.] [166.] Announcement of Member’s Withdrawal from Firm [.331–.332] [Deleted, March 1978.] [167.] Member Receiving Payment for Referral of Client to Others [.333–.334] [Deleted, June 1991.] [168.] Audit Guides Issued by Go...
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fee or the commission is determined. For example, if in one year a member sells a life insurance policy to a client and the member's commission payments are deter- mined to be a xed percentage of future years' renewal premiums, the commis- sion is deemed to be received in the year the policy is sold. 185. Sale of Pro...
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3001 commission was received would constitute a violation of Rule 503 [sec. 503 par. .01]. 189. Requests for Records Pursuant to Interpretation 501-1 .377 Question—Individuals associated with a client entity who are cur- rently on opposing sides in an internal dispute have each issued separate re- quests calling for t...
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Designating Bodies to Promulgate Technical Standards 3005 ET Appendix A Council Resolution Designating Bodies to Promulgate Technical Standards [As amended January 12, 1988; Revised April 1992, October 1999, May 2004, October 2007, May 2008, October 2012, and May 2013.] Federal Accounting Standards Advisory Board RES...
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adopt, or both, by PCAOB rule, auditing and related attestation standards, quality control, ethics, independence and other standards relating to the preparation and issuance of audit reports for issuers as dened in the Act. RESOLVED: That the PCAOB be, and hereby is, designated by the Council of the American Institut...
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VED: That the AICPA accounting and review services committee, audit- ing standards board, and management consulting services executive committee are hereby designated as bodies authorized under rules 201 [ET section 201.01] and 202 [ET section 202.01] to promulgate attestation standards in their re- spective areas of r...
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benecial owners of the equity capital ascribed to them. Pro- vision would have to be made for the ownership to be transferred, within a reasonable period of time, to the rm or to other qualied owners if the owner ceases to be actively engaged in the rm or its af- liates. 6. Non-CPA owners would not be eligible fo...
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employer, a rm, or for one or more clients. The legal relationship between the member, the employer, the rm, or the client does not affect the member's responsibility to comply with the ethical requirements of the AICPA Code of Professional Conduct (Code). .02 The Code provides members with principles for properly f...
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link preceding the name of each rule in the preceding list. Threats and Safeguard Approach .08 The Code cannot address every situation in which a relationship or cir- cumstance creates an unacceptable threat to a member's compliance with rules 102–505. Accordingly, the threats and safeguard approach1 described in this...
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threats identied may be so signicant that no safeguards will eliminate the threats or reduce them to an acceptable level. If a signicant threat cannot be eliminated or reduced to an acceptable level by the application of safeguards, or if a member is unable to implement appropriate safeguards, providing the specic...
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a self-interest threat to compliance with Rule 102 may be created. Safeguards .15 Safeguards fall into two broad categories: a. Safeguards created by the profession, legislation, or regulation b. Safeguards in the work environment In addition, a member in public practice also may be able to consider safeguards impleme...
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cic assignment, or to resign altogether from the client, rm, or organization that employs the mem- ber. ET Guide ET Topical Index 3019 ET TOPICAL INDEX References are to ET section and paragraph numbers. A ACCOUNTING SERVICES . Member Owning Separate Business . . . . . . . . . . . . 505.03; 591.275-.276 . Nonattest ....
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Nontraditional Structures . . . . . . . . . . . . . . . . . . . . . . . . . . 101.16 AMERICAN INSTITUTE OF CPAs . Denition . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 92.14 . Designation of Firm . . . . . . . . . . . . . . . . . . . 505.01 . Membership . . . . . . . . . . . . . . . . . . . . . . . 51....
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. . . . . 191.128-.129 BOOKKEEPING . Use of Third-Party Service Provider . . . . . . . . . . . . . . . . . . . . . 191.224-.225; . . . . . . . . . . . . . . .291.023-.024; 391.001-.002 BOO 3020 ET Topical Index BORROWING CONTRACT . Denition of Loan . . . . . . . . . . . . . . . . . . . . . . 92.18 . Grandfathered Loa...
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53.01-.04 . Responsibility for Non-CPAs . . . . . 591.281-.282 . Scope and Nature of Services . . . . . . 57.01-.03 . Sufcient Relevant Data . . . . . . . . . . . . . . . 201.01 . Use of the CPA Credential . . . . 501.12; 502.07 CHARITABLE ORGANIZATIONS . Auditor as Director or Ofcer . . . . . . . . . . . . . . . . ...
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’s Firm . . . . . . . . . . . . . . . . . . . . . . . . . 191.220-.221 . Indemnication Clause in Engagement Letter . . . . . . . . . . . 191.188-.189 . Investment Advisory Services Provided by Member to Attest Client . . . . . . . . . . . . . . . . . . 391.047-.048 . Investment Advisory Services Provided by Member to ...
141
. . . . . . . . . .391.003-.004 . Unpaid Fees . . . . . . . . . . . . . . . . . . . 191.103-.104 . Use of Third-Party Service Provider . . . . . . . . . . . . . . . . . . . . . 191.224-.225; . . . . . . . . . . . . . . .291.023-.024; 391.001-.002 CLOSE RELATIVE . Denition . . . . . . . . . . . . . . . . . . . . . . ....
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. . . . . .503.01 . Compliance With Standards . . . . . . . . . . . 202.01 . Contingent Fees . . . . . . . . . . . . . . . . . . . . . . 302.01 CONDOMINIUM ASSOCIATIONS—See Common Interest Realty Association CONDUCT, CODE OF PROFESSIONAL . Acts Discreditable—See Acts Discreditable . Advertising—See Advertising . Alter...
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. . . . . . . . . . . . . . . . . 391.035-.036 . Member Providing Other Professional Services for Company Executives. . . . . . . . . . . . . . . . . . .191.198-.199; . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 391.041-.042 . Rule of Conduct . . . . . . . . . . . . . . . . . . . . . . 301.01 . Trade Asso...
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.14 COOPERATIVES—See Common Interest Realty Association COUNCIL OF INSTITUTE . Denition . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 92.05 COVERED MEMBERS . Alternative Practice Structures . . . . . . . . 505.04 . Applicability of Code of Professional Conduct . . . . . . . . . . . . . . . . . . . . . . ...
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. . . . . . . . . . . . . . . . . 505.01 . Former Partner’s Names. . . . . . . .591.289-.290 . Non-CPA Partners . . . . . . . . . . . . . . 591.379-.380 . Personal Financial Specialist Designation . . . . . . . . . . . . . . . . . . 591.365-.366 DILIGENCE . Characteristics . . . . . . . . . . . . . . . . . . . . . . ....
146
101.16 . Member Participation in Health and Welfare Plan of Client . . . . . . . . . 191.214-.215 EMPLOYEES—continued . Obligation to Employer’s External Accountant . . . . . . . . . . . . . . . . . . . . . . . . . 102.04 . Preparation and Transmittal of Financial Statements to Third Parties . . . . . . . . . . . . . ....
147
. . . . . . . . . . . . . . . . . . . . . . 302.01-.02 . Referral . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 503.01 . Response to Requests by Clients for Records. . . . . . . . . . . . . . . . . .501.02 . Unpaid. . . . . . . . . . . . . . . . . . . . . . . . .191.103-.104 FINANCIAL ACCOUNTING STANDARD...
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. . . . . . . . . .101.17 . Section 529 Plans . . . . . . . . . . . . . . . . . . . . 101.17 . Trust Investments. . . . . . . . . . . . . . . . . . . . .101.17 . Partnerships . . . . . . . . . . . . . . . . . . . . . . . . . 101.17 FINANCIAL STATEMENTS . Accounting Principles. . . . .203.01-.02; 203.05 . Denition . ....
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Past Owners . . . . . . . . . . . . . . . . . . . . . . . . . 505.01 . Rule of Conduct . . . . . . . . . . . . . . . . . . . . . . 505.01 FUND-RAISING ORGANIZATIONS . Member on Board of Directors . . . . . . . . . . . . . . . . . . . . 191.027-.028; . . . . . . . . . . . . . . .191.128-.129; 191.186-.187 G GENERAL STA...
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Organization Treasurer . . . . . . . . . . . . . . . . . . . . 191.164-.165 . Characteristics. . . . . . . . . . . . . . . . . . . . .55.01-.04 . Client Advocacy . . . . . . . . . . . . . . . . . . . . . . 102.07 . Client Servicing Member’s Loan. . . . . . . . . . . . . . . . . . . . . . . . .191.134-.135 . Commenceme...
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idered . . . . . . . . . . . . . . . . . . 391.047-.048 . Joint Closely Held Investment . . . . . . . . . . . 92.16 . Leasing Property to or From Client . . . . . . . . . . . . . . . . . . . . . . . . 191.182-.183 . Limited Liability Companies. . . . . . . . . . . .101.17 . Litigation. . . . . . . . . . . . . . . . . ....
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. . . . . . . . . . . . . 92.27 . Spouse Participation in Retirement, Savings, or Similar Plan Sponsored by, or That Invests in Client. . . . . . . . . . . . . .101.02 . Stockholder in Social Club . . . . . . 191.033-.034 . Trust Investments. . . . . . . . . . . . . . . . . . . . .101.17 . Trustee Relationships. . . ....
153
. . . . . . . . . . . . . . . . . . . . . . 102.01 . Subordination of Judgment . . . . . . . . . . . . 102.05 . Use of Third-Party Service Provider. . . . . . . . . . . . . . . . . . . . . .191.224-.225 INTERNATIONAL ASSOCIATE . Applicability of Code of Professional Conduct . . . . . . . . . . . . . . . . . . . . . . ...
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018 K KEY POSITION . Denition . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 92.17 . Prohibitions for Immediate Family and Close Relatives . . . . . . . . . . . . . . . . . 101.02 IND ET Topical Index 3027 L LAWS . Alternative Practice Structures . . . . . . . . . . . . . . . . . 101.16; 505.04 LEASES . M...
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S FIRM—continued . Commissions—See Commissions . Commissions or Referral Fee Arrangements With Nonattest Client . . . . . . . . . 391.049-.050; . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 591.383-.384 . Competence—See Competence . Compliance With Standards . . . . . . . . . . . 202.01 . Condential Client...
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. . . . . . . . . .291.019-.020 . Professional Responsibilities . . . . . . . . . . . . 52.01 . Public Practice Criteria . . . . . . . . . . . . . . . . . 92.25 . Referrals—See Referrals . Relationship Between Parties . . . . . . . . . . 102.03 . Representation Regarding GAAP Conformity . . . . . . . . . . . . . . . ....
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Internal Audit Assistance . . . . . . . . . . . . . . 101.05 . Investment . . . . . . . . . . . . . . . . . . . . . . . . . . . 101.05 . Nontax Disbursement . . . . . . . . . . . . . . . . . 101.05 . Regulatory Bodies . . . . . . . . . . . . . . . . . . . . 101.05 . Relation to Independence . . . . . . . . . . . . . 1...
158
225 OFFICE . Denition . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 92.22 OFFICERS . Independence With Respect to Alternative Practice Structures . . . . . . . 101.16 OPINIONS, AUDITORS’ . Departures From Established Principles. . . . . . . . . . . . . . . . . . . . . . . . . . .203.01 . Impairment of In...
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Denition . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 92.24 PERSONAL FINANCIAL PLANNING . Conict of Interests . . . . . . . . . . . . . . . . . . . 102.03 . Member Providing Services for Company Executives . . . . . . . . . 191.198-.199; . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 391.04...
160
��nition . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 92.26 . Due Professional Care . . . . . . . . . . . . . . . . 201.01 . Educational Services. . . . . . . . . . . . . . . . . .102.06 . General Standards. . . . . . . . . . . . . . . . . . . . 201.01 . Governmental Requirements . . . . . . . . . . 501....
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. Notes Receivable/Unpaid Fees . . . . . . . . . . . . . . . . . . . . . . . . 191.103-.104 RECORDS . Requests From Client’s Representative . . . . . . . . . . . . . . . 591.377-.378 REC 3030 ET Topical Index REFERRALS . Independence With Respect to Alternative Practice Structures. . . . . . .101.16 . Products to Clie...
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. . . . . . . 391.011-.012 . Condential Client Information. . . . . . . . . .191.198-.199; 301.01; . . . . . . 301.04; 391.029-.030; 391.041-.042 . Disclosure of Client’s Name . . . . . 391.013-.014 RESPONSIBILITIES TO CLIENTS—continued . Disclosure of Condential Information to Professional Liability Insurance Carri...
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Retirement, Savings, or Similar Plan Sponsored by, or That Invests in Client . . . . . . . . . . 101.02 SECTION 529 PLANS . Financial Relationships . . . . . . . . . . . . . . . . 101.17 SIGNIFICANT INFLUENCE . Denition . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 92.27 . Effect on Independence . . . ....
164
Liability. . . . . . . . . . . . . . . . . . . . . . . . . . . . .501.08 . Information to Successor Accountant. . . . . . . . . . . . . . . . . . .391.005-.006 . Member Providing Services for Company Executives . . . . . . . . . 191.198-.199; . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 391.041-.042 . Per...
165
. . . . . 100-1.18 . Financial Statements . . . . . . . . . . . . . . . . . . . 92.09 . Firm. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .92.10 . Forensic Accounting Services . . . . . . . . . 101.05 . Immediate Family . . . . . . . . . . . . . . . . . . . . . . 92.12 . Impair. . . . . . . . . ....
166
. . . . . . . . . . . . . . . 591.367-.368 . Responsible Party . . . . . . . . . . . . . . . . . . . . 101.13 . Safeguards. . . . . . . . . . . . . . . . . . . . . . . . .100-1.20 TER 3032 ET Topical Index TERMINOLOGY—continued . Self-Review Threat . . . . . . . . . . . . . . . . . . 100-1.13 . Signicant Inuence . ....
167
.021-.022 . Honorary Directorships of Not-for-Prot Organizations. . . . . . . . . .101.06; . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 191.128-.129 . Independence With Respect to Alternative Practice Structures. . . . . . .101.16 . Prohibited Relationship . . . . . . . . . . . . . . . . 101.02 U UNDERWRI...
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§210.01 Requirements for Admission to Membership 3043 BL Section 220 2.2 Requirements for Admission to Membership As amended January 12, 1988, unless otherwise indicated .01 Persons may qualify for admission as members of the Institute if they satisfy the criteria listed below: 2.2.1 They are in possession of a valid...
169
an approved practice-monitoring program under sections 2.2.3 and 2.3.4 of the bylaws. A rm or individual which is dropped for disciplinary reasons from enrollment in a practice-monitoring program established herein is ineligible to enroll in another Institute-approved practice-monitoring program until the cause of th...
170
cates of membership shall be returned upon the demand of the secretary of the Institute in the event of suspension or termination of membership. BL §240.01 Right of Members to Describe Themselves as Such 3053 BL Section 250 2.5 Right of Members to Describe Themselves as Such As amended January 12, 1988, unless otherw...
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but not limited to electronic or telephonic means, as authorized by Council. Except for determining a member's residence for voting purposes under section 3.2.3, a member's mailing address for purposes of these bylaws may be an electronic or other form of address, in lieu of a postal address. [As adopted May 15, 2000....
172
1 Members of the Institute directly elected by the membership in each state in accordance with sections 6.1.1 through 6.1.6; 3.3.1.2 Representatives of the recognized state societies of certied public accountants selected in accordance with section 6.2; 3.3.1.3 Twenty-one members-at-large selected in accordance with s...
173
powers, and privileges as the Board of Directors may prescribe. The Board of Directors may also appoint staff vice presidents who shall be neither members of the board nor of the Council and who shall perform such duties as may be assigned to them by the president. BL §350.01 Officers Elected by Council 3075 BL Secti...
174
such manner as the Council shall prescribe. It shall be the responsibility of the committee to make nominations for the ofces of chairman of the Board of Directors, vice chairman of the Board of Directors, the elected members of the Board of Directors, the joint trial board, the peer review board, and the Coun- cil, ...
175
committee • Financial reporting executive committee∗ • Forensic and valuation services executive committee∗ • Government audit quality center executive committee • Information management and technology assurance executive committee • Management consulting services executive committee∗ • National Accreditation Commissi...
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determine and/or (c) to submit to disciplinary action with publication by the Institute as provided in Council resolutions under bylaw section 7.6. The committee shall monitor compliance with the settlement agreement and may initiate an investigation where it nds there has been noncompliance. [As revised by Council A...
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4.1 Audit .......................................................... .01 420 4.2 Committee on Audit ............................................ .01 430 4.3 Execution of Instruments on Behalf of the Institute ................ .01 440 4.4 Indemnication................................................. .01-.02 450 4.5 D...
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��cer, employee, or agent of the Institute or any afliated entity or serves or served any other enterprise as a director, trustee, ofcer, employee, or agent at the request of the Institute. .02 Without limiting the generality of the foregoing, the Institute may contract for insurance against all or a portion of any l...
179
Institute other than that for which the meeting shall have been convened. 5.1.3 Notice of Meetings of the Institute Notice of each meeting of the Institute, whether regular or special, shall be mailed to each member of the Institute, at the member's mailing address as shown on the ofcial records of the Institute, at ...
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Paragraph 601 Election of Council, Board of Directors, and Ofcers of the Institute ... .01 610 6.1 Members of Council Directly Elected by Members of the Institute . .01 610R Implementing Resolution Under Section 6.1 Members of Council Directly Elected by Members of the Institute.............................. .01 620 ...
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Upon receipt of such request, the nominations committee may authorize such shortened term. Following the expiration of such shortened term, subsequent terms for the seat shall be for three years, as provided in section 6.1.3. BL §610.01 3118 Election of Council, Directors, and Officers In the event that a state has th...
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led for such seats as required by section 6.1.5. If independent nominations are received, the secretary shall mail to all members of the Institute in each state in which there is a contest for a directly elected seat on Council, at least ninety days prior to the annual meeting of the Institute, mail ballots containin...
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, to the Board of Directors for a term of three years, or until election of a successor. Nominations for all these positions on the Board of Directors shall be made by the nominations committee at least six months prior to the annual meeting of the Institute. Notice of those nominations shall be published to the member...
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Council, or in any of the ofces of the Institute elected by the Council shall serve only for the remainder of the unexpired term of the previous incumbent or until a successor is elected. [Section renumbered as a result of the deletion of the former sections 640 and 640R on June 17, 1996.] BL §650R.01 Election Meeti...
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article shall govern the termination or suspension of member- ship in the Institute, whether imposed as a matter of discipline or voluntarily sought, and the imposition of any other disciplinary sanction, or administrative reprimand, whether public or private, or imposition of conditions for retention of membership. B...
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Comply With Membership-Retention Requirements As amended January 12, 1988 Resolved: .01 That if a person whose membership has terminated for nonpayment of dues or other nancial obligation shall apply for reinstatement, the Board of Directors, in its discretion, may reinstate the member, provided that all dues and oth...
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18, 2003.] 7.3.2.2 The professional ethics executive committee and the Board of Directors may jointly approve certain governmental agencies and other organizations whose disciplinary actions against a member will permit the Institute to take disciplinary action against that mem- ber without a hearing. To be eligible f...
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suspended as a disciplinary measure or (b) who is subject to a temporary suspension, prohibition or restriction by an approved governmental agency or organization covered in section 7.3.2 as a disciplinary measure shall, except as provided in paragraph (7) of this resolution, become automatically suspended upon the ex...
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If the petition is granted, the disciplinary action shall not become effective. In such event, the secretary shall transmit the matter to the professional ethics division to take whatever action it considers proper in the circumstances. A determination that paragraph (1), (2), (3), (4) or (5) of this resolution shall ...
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the Institute of the type authorized in sec- tion 7.4 of the bylaws. If, upon consideration of the complaint, investigation and/or recommendation thereon, it appears that a prima facie case is estab- lished showing a violation of any applicable bylaws or any rule of the Code of Professional Conduct of the Institute or...
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may be required by the rules of the trial board shall be led with such request. Such a review shall not be a matter of right. Each such request for a review shall be considered by an ad hoc committee to be appointed by the chairman of the trial board, or its vice chairman in the event of the chairman's unavailability...
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, a newly formed panel, may, by a two-thirds vote of the members present and voting, rescind or modify such decision. Any such action shall be published by the Institute. The denial of an application under this section shall not be published and shall not prevent the member concerned from applying for reinstatement und...
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.3 of the bylaws, such notice shall be in a form approved by the chairman of the trial board and consistent with this Council resolution. In any action pursuant to section 7.4 of the bylaws in which the member is found guilty or has entered into a settlement agreement with the professional ethics executive committee, t...
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8.3 Submission to Council via Board of Directors As amended January 12, 1988 .01 All such proposals to amend the bylaws or the Code of Professional Conduct, unless made at a meeting of the Council or the Board of Directors, shall be submitted in writing to the Board of Directors. The Board of Directors shall submit al...
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-making by management, and (2) discharging the accountability of organizations to investors, creditors, government agencies, taxing authorities, association members, contributors to welfare institutions, and others. .04 Accounting includes the development and analysis of data, the testing of their validity and relevanc...
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for extension of their services into new areas. BL §921.10 BL Topical Index 3187 BL TOPICAL INDEX References are to BL section and paragraph numbers. A ACCOUNTING . Dened as a Discipline . . . . . . . . . . . . . . . . 921.02 . Denition. . . . . . . . . . . . . . . . . . . . . . . . . . . . .921.04 ACCOUNTING AND RE...
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. . . . . . . . . . . . . . . . . . . . .101.01 AMERICAN INSTITUTE OF CPAs—continued . Objectives. . . . . . . . . . . . . . . . . . . . . . . . . . . .101.01 . Organization and Procedure—See Organization of Institute . Past Presidents Eligible for Council . . . . 330.01 ANNUAL MEETINGS—See Meetings of Institute ASSOC...
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. . . . . . . . . . . . . . . . 520.01 BOA 3188 BL Topical Index References are to BL section and paragraph numbers. BOARD OF DIRECTORS—continued . Dates for Meetings of Institute. . . . . . . . .510.01 . Disciplinary Actions . . . . . 730.01; 730R.01-.07 . Election by Council . . . . . . . . . . . . . . . . . . 350R....
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. . . . . . . . . . . .360.01 . Method of Appointment . . . . . . . . . . . . . . . 360.01 . Qualications for Membership. . . . . . . . .320.01; . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 320R.01-.02 . Supervision of CPA Examination . . . . . . . 360.01 BOARD OF PUBLIC COMPANY AUDITOR’S FORUM . Autho...
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01 CERTIFIED PUBLIC ACCOUNTANTS . Audit of Institute . . . . . . . . . . . . . . . . . . . . . . 410.01 . Description of Professional Practice . . . . . . . . . . . . . . . . . . . . . . . . 921.01-.15 . Designation as Member . . . . . . . . . . . . . . . 250.01 CHAIRMAN OF BOARD OF DIRECTORS . Appointment of Committee...