Investors place strong trust in public company audits as a check on the financial statements issued by companies, but auditor independence remains a focus.
Add Yahoo as a preferred source to see more of our stories on Google. Utah State Auditor Tina M. Cannon talks with media members after attending a Capitol Preservation Board meeting in the Senate ...
Labor Department leadership says the update is designed to expand retirement plans’ access to highly qualified auditors and audit firms. The U.S. Department of Labor has issued new guidance for ...
Auditor independence—or rather the potential absence of same—is apparently still a cause of significant agita at the SEC’s Office of Chief Accountant. In October last year, Acting Chief Accountant ...
This has been a tumultuous year for the concept of auditor independence. Several major, aggressive enforcement actions by the Securities and Exchange Commission have pushed towards the outer limits of ...
On Oct. 16, 2020, the U.S. Securities and Exchange Commission (SEC) adopted final rules amending the auditor independence requirements of Rule 2-01 of Regulation S-X. The SEC noted that amendments to ...
The U.S. Securities and Exchange Commission adopted changes that relax some conflict-of-interest rules for companies and audit firms, making it easier for them to avoid violating auditor independence ...
THE GAO AMENDED THE AUDITOR INDEPENDENCE provisions of its generally accepted government auditing standards (GAGAS). Originally, the amendment was to be effective for audits beginning on or after ...
Amendments adopted by the SEC this week are designed to aid in the determination of whether an auditor’s lending relationship with certain shareholders of an audit client impairs the auditor’s ...
Washington, D.C.--(Newsfile Corp. - October 16, 2020) - The Securities and Exchange Commission today announced that it adopted final amendments to certain auditor independence requirements in Rule ...