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The SEC's Auditor Independence Regulation
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Finance Research Papers research papers
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A 7 page paper discussing some
of the implications of the SEC's rule that outside auditors be totally independent of the businesses
they audit. SEC chairman Arthur Levitt maintains that financial reporting is the only quantitative
measure that investors have in evaluating a stock's attractiveness, and that they deserve to have
full and correct information on which to base their choices. The Big 5 accounting firms are
opposed to the new regulation but must ensure that they are in compliance with it. Bibliography
lists 12 sources.
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Pages:
7
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Filename:CC6_KSaudIndReg.wps |
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Paper Title:
The SEC's Auditor Independence Regulation
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