Summarize the major differences between the AICPAs Code of Professional Conduct independence rules and the SECs independence

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Summarize the major differences between the AICPA’s Code of Professional Conduct independence rules and the SEC’s independence rules for auditors of public companies. Briefly describe why the SEC’s requirements diverged from those of the AICPA in the early 2000s.

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Auditing and Assurance Services A Systematic Approach

ISBN: 978-1259162343

9th edition

Authors: William Messier, Steven Glover, Douglas Prawitt

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