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The Critical Importance Of The General Standard Of Auditor Independence And An Ethical Culture For The Accounting Profession[1], Paul Munter, SEC Acting Chief Accountant, June 8, 2022 - Vimarsana News

The Critical Importance Of The General Standard Of Auditor Independence And An Ethical Culture For The Accounting Profession[1], Paul Munter, SEC Acting Chief Accountant, June 8, 2022

<h2>Introduction</h2> <p>High-quality audits are critical to the process of providing decision-useful financial information for the benefit of investors, and auditors&nbsp;serve an important gatekeeping and investor protection function by helping to ensure that issues are promptly identified and addressed.&nbsp;The Commission has long-recognized that audits by professional, objective, and skilled accountants that are independent of their audit clients contribute to both investor protection and investor confidence in the financial statements.&nbsp;As such,...