外文文献翻译译文 一、外文原文 原文: Auditor Independence: A Focus on the SEC Independence Rules ABSTRACT: Auditor independence is an important underpinning of the federal securities laws. These laws require that registrants’ financial statements filed with the Securities and mission (SEC) be audited by independent public focus on independence for pany auditors was increased in light of the requirements of the Sarbanes-Oxley Act of 2002 to strengthen auditor independence. These instructional resources provide background information on the current SEC auditor independence rules. After ing familiar with these rules, you will have the opportunity plete several case scenarios that address: (1) hypothetical settings that may represent violations of the SEC independence rules, (2) possible actions that an mittee might take when it determines that the SEC independence rules may have been violated, and (3) possible alternatives to the current SEC independence rules that could achieve the desired public policy goals of objective audits and investor confidence. A FRAMEWORK FOR ASSESSING AUDITOR INDEPENDENCE ISSUES Independence is the foundation of the public accounting profession. anizations,including the American Institute of Certified Public Accountants (AICPA), StateBoards of Accountancy, the pany Accounting Oversight Board (PCAOB),and the Securities and mission (SEC), require auditors to be independent,in both fact and in appearance. This set of instructional materials focuses on SEC requirements for auditor independence. We focus on the SEC’s rules because of their longstanding importance and the increased attention to these rules following the passage of the Public Accounting Reform and Investor Protection Act, better known as the Sarbanes-Oxley Act of 2002 (SOX) on July 30, 2002. The overarching intended goal of SOX was to restore investor confidence by ‘‘improving the accuracy and reliability of corporate disclosures made pursuant to the securities laws, and
