Blog: SEC adopts amendments to auditor independence rules
By EsqSocial Corporation 20/10/20
On Friday, the SEC announced adoption of final amendments to the auditor independence rules, largely as proposed at the end of 2019. The changes to the rules make adjustments to address certain recurring fact patterns that came to light in the course of myriad staff consultations in which “certain relationships and services triggered technical independence rule violations without necessarily impairing an auditor’s objectivity and impartiality....
By: Cooley LLP