Implementing the AICPA's revised independence interpretation, Information System Services (ISS)
1.
How impacted is your firm by the revisions to the AICPA Code’s independence interpretation on information system services (ISS)?
Significantly impacted
Moderately impacted
Minimally impacted
Not impacted at all
Other and/or additional comments
2.
Do you foresee any challenges in implementing the revised ISS rule?
Yes
No
Other and/or additional comments
3.
Have you implemented or begun preparing to implement the revised interpretation?
Yes
No
Other and/or additional comments
4.
Was the one year delayed effective date helpful to your firm?
Yes
No
Why or why not?
5.
Are there any significant changes to policies or procedures your firm is putting in place as a result of the revised interpretation?
Yes
No
Other and/or additional comments
6.
Do you believe the revised interpretation improves the current interpretation on ISS?
Yes
No
Why or why not?
7.
Are there tools or guidance that would help your firm in the implementation process?
Yes
No
If yes, please describe.
8.
Are there any information system services that you believe are not addressed in the interpretation that should be?
Yes
No
If yes, please describe.
