In response to evolving needs for client data and record security, the Professional Ethics Executive Committee (PEEC) introduced new guidance for hosting services, effective July 1, 2019. This guide is particularly relevant for firms offering data or records security, backup services, or bookkeeping services using accounting software. Since the initial release, both the ethics team and Center for Plain English Accounting (CPEA) have developed extensive resources addressing implementation questions and concerns.
Our coverage of PEEC interpretation is in three parts: