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Audit Independence
Essay specific features
Written by:
Dana M
Date added:
May 8, 2015
Level:
University
Grade:
A
No of pages / words:
4 / 1005
Was viewed:
1924 times
Rating of current essay:
Essay content:
The amendments modernize the Commission’s rules for determining whether an auditor is independent in light of investments by auditors or their family members in audit clients, employment relationships between auditors or their family members and audit clients, and the scope of services provided by audit firms to their audit clients...
displayed 300 characters
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The amendments also identify certain non-audit services that, if provided by an auditor to public company audit clients, impair the auditor's independence. Finally, the new rules identify non-audit services that might impair an auditor’s independence. For all annual proxy statements filed after February 5, 2001, a public company is required to disclose information related to the non-audit services provided by the auditor during the most recent fiscal year...
displayed 300 characters
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