61H1-21.001. Independence

CHAPTER 61H1-21 INDEPENDENCE, INTEGRITY, ETC. 61H1-21.001 Independence 61H1-21.002 Integrity and Objectivity 61H1-21.003 Commissions or Referral Fees 61H1-21.005 Contingent Fees 61H1-21.006 Communication with Client of Another Certified Public Accountant 61H1-21.001 Independence. (1) Pursuant to Section 473.315, F.S., standards of practice are established for independence, and a Certified Public Accountant (CPA) in public practice is required to be independent in fact and appearance when providing services under Section 473.302(8)(a), F.S., namely expressing opinions on financial statements, referred to herein as attest services. (2) Independence permits a CPA to perform an attest service without being affected by influences that compromise professional judgment or materially impair the CPA’s ability to act with integrity and exercise objectivity and professional skepticism. The CPA shall determine whether those influences, when present, create such a threat that would cause the CPA not to act with integrity and exercise objectivity and professional skepticism. The CPA shall not perform an attest service where independence is impaired as described in this rule.