Commission Staff Provides Written Guidance
on the Application of Revised Rules
on Auditor Independence
FOR IMMEDIATE RELEASE
Washington, D.C., January 17, 2001 The staff of the Securities and Exchange Commission today published guidance responding to questions the staff has received from registrants and auditors on the application of the Commission's recently revised rules on auditor independence, which become effective on February 5, 2001. The guidance, in the form of a Frequently Asked Questions (FAQ) document, is available on the SEC's Internet site at http://www.sec.gov/info/accountants/audindep/audinfaq.htm.
The guidance is informal in nature and does not necessarily represent the views of the Commission. As the staff receives additional questions, it may add to or revise the guidance. Questions and related correspondence regarding auditor independence should be directed to Sam Burke or Esmeralda Rodriguez, Assistant Chief Accountants in the Office of the Chief Accountant, Mail Stop 1103, 450 Fifth Street, N.W., Washington, D.C. 20549; telephone: (202) 942-4400. Questions regarding disclosure in proxy statements should be directed to the Office of Chief Counsel in the Division of Corporation Finance at (202) 942-2900.
Additional Materials Available on This Topic
FAQ: Application of Revised Auditor Independence Rules
Listing of Auditor Independence Materials