What authority does the AICPA's Management Consulting Services Executive Committee have regarding prohibited consulting services?

The AICPA's Management Consulting Services Executive Committee functions primarily in an advisory capacity and does not possess the authority to explicitly dictate or prohibit specific consulting services. Their role is focused on developing guidelines, best practices, and ethical standards for consulting services without having the ability to enforce specific prohibitions on services offered by CPA members. This aligns with how professional standards are established in the accounting industry, which typically involves input from various organizations but is ultimately governed by regulatory bodies or laws. Understanding this context is essential, as it clarifies the committee's advisory role rather than a regulatory enforcement one.