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SEC Chief Accountant issues a statement on professional skepticism and audit quality
Publication date: 05 Feb 2024
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SEC Chief Accountant issues a statement on professional skepticism and audit quality
This week, the SEC Chief Accountant issued a statement emphasizing the importance of professional skepticism. The statement also highlights management’s responsibilities in maintaining a financial reporting environment capable of producing reliable financial disclosures, as well as the importance of audit committees in prioritizing and promoting audit quality.
This week, the SEC Chief Accountant issued a statement emphasizing the importance of professional skepticism. The statement also highlights management’s responsibilities in maintaining a financial reporting environment capable of producing reliable financial disclosures, as well as the importance of audit committees in prioritizing and promoting audit quality.
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