AICPA independence rules

This lesson is part of the full course.

In it you will learn to:

• Explain independence of mind and in appearance and when independence is required
• Identify covered members and apply the rules to their immediate family and close relatives
• Decide whether financial interests, loans and business relationships impair independence
• Apply the employment and association rules, including the revised simultaneous employment interpretation effective September 15, 2026
• Apply the general requirements for nonattest services and judge common services such as bookkeeping, valuation and benefit plan administration