Commissions and Referral Fees
The Code prohibits the receipt of third party commissions and referral fees under certain circumstances. An accountant cannot refer a product or service to a client for a commission if the accountant or his or her firm also performs audit, review or compilation services or examines prospective financial information for the client. An accountant who receives a permitted commission or referral fee must disclose the commission or fee to the client.
Review the AICPA Code of Professional Conduct for more information.