As of December 31, 2004, practitioners will be required to document in writing the understanding established with the client under General Requirement No. 3 of Interpretation 101-3, Nonattest Services. (The interpretation’s other requirements remain effective as of December 31, 2003.)

For more guidance on Rule 101-3, read the September/October Leaders’ Edge article, AICPA’s PEEC Institutes Revisions to Non-Attest Service Rules, or visit the AICPA web site.

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