Supreme Court affirms SEC authority to accredit external auditors of covered entities
THE Supreme Court affirmed the authority of the Securities and Exchange Commission (SEC) to accredit certified public accountants (CPAs) acting as external auditors of corporations issuing registered securities and owning secondary licenses, as it dismissed claims that such accreditation curtailed the practice of the accounting profession. In an 18-page resolution promulgated on January 28, the Supreme Court En… Read More Supreme Court affirms SEC authority to accredit external auditors of covered entities


