Comments on the SECâ€™s Proposed Rule titled â€œStrengthening the Commission’s Requirements Regarding Auditor Independenceâ€ are available here:
You can see comments by various firms, groups, and individuals, including each of the Big 4, the second-tier and other audit firms.
Read the submissions of
- (a) Deloitte
- (b) Ernst & Young
- (c) Lynn Turner, former Chief Accountant of the SEC
- (d) Mark Anson, Chief Investment Officer, the California Public Employees’ Retirement System.
Critically evaluate the partner compensation rules from SECâ€™s FRR No.68 (2003).
- What are the pros and cons of the rule?
- How can the rule be improved?
Your answer must include references to the above four comments, but you are free to use material from other commenters.
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