Ep. 57: Technology and ethical independence — Where are the lines?

Ethically Speaking

It's rare to scan through a professional news feed these days without an article or opinion piece on technology in the accounting profession. The changes are exciting and the implications for practice are profound. And there are some things you need to be aware of when it comes to independence.

In this episode, Dan O'Daly, a managing director in Deloitte's independence office, talks with Liese Faircloth and Iryna Klepcha, two CPAs on staff in the AICPA Professional Ethics Division, about changes to the Code of Professional Conduct related to technology.

The revised interpretation "Information Systems Services" becomes effective January 2023. Be sure to catch each of the three episodes in this "ISS" series to find out what you need to know to be prepared.

Helpful links

3 new Q&As on implementing the interpretation

Practice aid

Other interpretations mentioned in the episode:

• Cumulative Effect on Independence When Providing Multiple Nonattest Services
• Management Responsibilities
• General Requirements for Performing Nonattest Services
• Documentation Requirements When Providing Nonattest Services

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