Additional Compensation Arrangements baseball, understand, involved, activities

transferpricing

From what I understand

-If it is related to your professional activities, you must get written consent from all parties involved.
-If it is not related to your professional activities (baseball umpire), you only have to disclose this to your employer

Correct?

dyga

AndyPettitteIsGreat Wrote:
-------------------------------------------------------
> From what I understand
>
> -If it is related to your professional activities,
> you must get written consent from all parties
> involved.
> -If it is not related to your professional
> activities (baseball umpire), you only have to
> disclose this to your employer
>
> Correct?

From the book you only have to disclose an unrelated activity if it is going to infringe on working hours or take more than a de minimis amount of your time. It was one of the ethics guideline questions.

zwjy

Correct. just did couple of CFAI ethics questions on this