Comments on the SEC’s Proposed Rule titled “Strengthening the Commission’s Requirements Regarding Auditor Independence” are available here: to an

Comments on the SEC’s Proposed Rule titled “Strengthening the Commission’s Requirements Regarding Auditor Independence” are available here:

to an external site.

You can see comments by various firms, groups, and individuals, including each of the Big 4, the second-tier and other audit firms. 

Read the submissions of 

  • (a) Deloitte 
  • (b) Ernst & Young
  • (c) Lynn Turner, former Chief Accountant of the SEC
  • (d) Mark Anson, Chief Investment Officer, the California Public Employees’ Retirement System.

to an external site.

to an external site.

to an external site.

to an external site.

Required:

Critically evaluate the partner compensation rules from SEC’s FRR No.68 (2003). 

Question:

  • How can the rule be improved? 

Note:

Your answer must include references to the above four comments, but you are free to use material from other commenters. 

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