On December 30th, the SEC proposed amendments to codify certain staff consultations and modernize certain aspects of its auditor independence framework. These amendments would update select aspects of the nearly two-decade-old auditor independence rule set to structure the independence rules and analysis more effectively such that relationships and services that would not pose threats to an auditor’s objectivity and impartiality do not trigger non-substantive rule breaches or potentially time consuming committee review.
Continue reading "SEC Proposes to Codify Certain Consultations..." »Friday, January 10. 2020
SEC Proposes to Codify Certain Consultations and Modernize Auditor Independence Rules
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