AICPA PEEC Employee Recruiting for Clients

TXCPA’s Professional Standards Committee reviewed PEEC’s proposal to align with IESBA ethics standards, noting added prohibitions on recommending or advising on employment terms, pay, or benefits for key positions.

    The proposal is part of the AICPA’s Professional Ethics Executive Committee (PEEC) project to harmonize with ethics standards promulgated by the International Ethics Standards Board for Accountants (IESBA). Primary revisions include additional prohibitions for key positions related to recommending the person to be appointed, and advising on the terms of employment, remuneration or related benefits of a particular candidate.

    Read the full comment here. View TXCPA PSC comment letter here.


    Topics:

    You May be Interested in

    • The IRS May Owe Your Clients Money from the COVID Period
      Recent court decisions have opened a largely overlooked opportunity for significant tax refunds based on mandatory disaster relief under IRC Section 7508A during the federally declared COVID-19 disaster period. As a result, interest and penalties assessed during this period may be invalid and refundable, and some taxpayers who received refunds may also be entitled to unpaid overpayment interest. While uncertainty remains and the IRS may resist such claims, timely protective refund filings are critical to preserve clients rights as the statute of limitations continues to run.
    • TXCPA Advocates for Accounting’s Recognition in Definition of Professional Degrees for Student Loan Eligibility
      TXCPA submitted a formal comment to the U.S. Department of Education urging recognition of accounting as a professional degree program to protect graduate-level federal loan access and strengthen the future CPA pipeline.
    • The Verdict is In. The Texas Franchise Tax is GILTI, Raising New Questions and Potential Issues
      Beginning with the 2026 report year, the Texas Comptroller will align the franchise tax with the current Internal Revenue Code, likely requiring GILTI to be included in total revenue. This change raises sourcing, statutory and potential constitutional questions for businesses with foreign operations, creating new uncertainty and possible tax impacts.

    Support the Next Generation

    Donate to TXCPA scholarships and help aspiring accountants achieve their goals.