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Amendments adopted recently by the SEC are designed to aid in the determination of whether an auditor’s lending relationship with certain shareholders of an audit client impairs the auditor’s ...
Auditor independence—or rather the potential absence of same—is apparently still a cause of significant agita at the SEC’s Office of Chief Accountant. In October last year, Acting Chief Accountant ...
Lordstown Motors Corp., a manufacturer of electric vehicles focused on the commercial fleet market, settled SEC charges for “misleading investors about the sales prospects of Lordstown’s flagship ...
WASHINGTON—U.S. Securities and Exchange Commission Chairman Jay Clayton said Monday that he expects to further change rules governing auditor independence in the next year, the latest move to ...
The Securities and Exchange Commission and the Public Company Accounting Oversight Board have expressed renewed focus on public accounting firms' obligations to create and maintain a culture of ...