The revisions focus on restricting the accountant’s ability to perform certain nonattest services for attest clients as well as improving the communication between the accountant and the client for whom such services are conducted. Ethics and Independence: New Rulings explains how these revisions impact compilation and review engagements, specifically the issue of independence.

To help you apply the course material, various practice aids will be provided throughout the course, including samples of client letters, compilation reports, comparison charts and graphs. Many examples are also integrated to illustrate important points and concepts. Topics covered include:

• Changes in ethics and independence rulings
• Revision of Interpretation 101-3 -- Performance of Nonattest Services
• Maintaining independence while acting as a trustee for a client
• Amendment of Interpretation of 101-5 -- Other Permitted Loans (Rule of Conduct 101)