SEC Finalizes New Auditor Independence Rules

Thoughtware Article Published: Oct 23, 2020
People going over paperwork

On October 16, 2020, the SEC issued a final rule updating its auditor independence rules. This article provides details on the rules, which help to ensure public company auditors are independent of their clients in both fact and appearance. The changes are intended to more effectively and efficiently identify transactions and relationships that could impair an auditor’s independence.

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