- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
Has it become unrealistic for some companies to engage truly independent auditors? Exploring that possibility, the SEC may amend its independence rules.
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The SEC has finalized its revision of auditor independence rules to change the threshold around lending relationships with clients that would raise concerns.
The Public Company Accounting Oversight Board issued guidance to auditors to explain how they should handle communication with audit committees under Rule 3526.
The SEC is looking to dial back strict requirements on auditors that have made it difficult for Big 4 firms to assert their independence on certain big engagements.
