The Securities and Exchange Commission (SEC) has issued final rules that significantly modify the framework that public companies and their auditors use to evaluate auditor independence, providing additional clarity for...more
In remarks made in December 2018, the Securities and Exchange Commission’s (SEC) Chief Accountant Wesley Bricker reaffirmed that auditor independence remains one of the SEC’s areas of focus. Consultations with the SEC about...more
Certain questions seem to recur when it comes to outside counsel’s communications with a company’s auditors about potential exposures as a result of litigation or regulatory/enforcement matters and the underlying accounting...more
9/28/2016
/ Accounting ,
Attorney-Client Privilege ,
Audits ,
Business Litigation ,
FASB ,
Financial Statements ,
GAAP ,
Insurance Claims ,
Loss Coverage ,
Securities and Exchange Commission (SEC) ,
Work-Product Doctrine