Final Rule

Qualifications of Accountants

Overview

The Securities and Exchange Commission ("Commission' or "SEC') is adopting amendments to update certain auditor independence requirements. These amendments are intended to more effectively focus the independence analysis on those relationships or services that are more likely to pose threats to an auditor's objectivity and impartiality.

Prior Actions

Last Reviewed or Updated: April 7, 2023

Resources

Final Rule: SEC Issued Version (pdf 808.66 KB)
Final Rule: Federal Register Version
Press Release No. 2020-261
IC-34052A
Proposed Rule Rel. No. 33-10738
Small Entity Compliance Guide

Details

File Number
S7-26-19
Rule Type
Final
Release Number
33-10876
34-90210
FR-88
IA-5613
IC-34052
SEC Issue Date
Effective Date

June 9, 2021

Compliance Date

See Section II.G for further information on transitioning to the final amendments.

Federal Register Publish Date
Document Citation

85 FR 80508

RIN
3235-AM63