APES 110 Code of Ethics for Professional Accountants (including Independence Standards) 601: Accounting, bookkeeping, administrative and valuation services (Subsections 601 to 603)

What does 601 require?

Accounting and bookkeeping services, including preparing accounting records and financial statements, must not be provided to a PIE audit client, and may be provided to other audit clients only where routine or mechanical in nature and the firm does not assume management responsibility. Administrative services of a clerical nature are generally permitted. Valuation services involving significant subjectivity whose effect on the financial statements is material are prohibited for all audit clients, and any valuation service that could give rise to a self-review threat is prohibited for a PIE client.