SEC's Auditor Guidelines - What all the Fuss is About
Are you still confused about all the news of the SEC proposed changes to the auditor independence requirements? Read the full text of the proposed ruling to see how it affects you.
This proposed rule was offered up by the SEC in June and the profession has been given 75 days to present its reactions and proposed revisions to the ruling before the SEC moves forward with changing the landscape of public accounting forever.
This may not be the most exciting bed-time reading you can find, but if you are a member of the accounting profession, this proposed legislation should be keeping you up at night.
If you're not yet a member of AccountingWEB and would like to register for additional news and resources, subscribe now!
Voice of the Editor
Which isn’t completely true. I mean, occasionally I drop by when I manage to sneak out of the nonstop frat party over at Going Concern, but I’m mostly a wallflower over there. I’m happy to say that I’ve been given express permission (or explicit orders, if you like) to wander over here to AccountingWEB more often.
Why is that, you might ask? My job is to replace the irreplaceable Gail Perry as Editor-in-Chief. What does that mean? I don’t really know! I think it’ll be fun getting a feel for things, throwing in my own thoughts here and there, and listening to the discussions you’re having about the accounting profession.