ALI Accountants’ Liability 2015 Conference: Confronting Enforcement and
Independence is a core audit concept and is always a hot topic for regulators and litigants. This segment explores the issues that arise in this arena, recommended preventive strategies, new AICPA standards, as well as the PCAOB and SEC standards applicable to public companies. The panel will also discuss the implications of recent enforcement actions taken by the SEC and PCAOB in a multitude of contexts and best practices to consider in light of them. Grant Esposito will chair this panel.