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Compliance with auditor independence rules does not rest solely with the auditor.

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The SEC has emphasized that the client’s management, their

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Audit Committee or Those Charged with Governance and the

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engagement team all share equal responsibility for

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maintaining and complying with auditor independence rules.

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Clearly, we are most effective when we work Together with our client to

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maintain independence.

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Communicating shared responsibility,

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ensuring clients understand their role is essential to success.

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We encourage you to use the Audit Committee communication templates,

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specifically the slide on “Shared responsibilities: Independence”

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to reinforce this important message.

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These optional, but highly encouraged, templates are available for

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use in Audit Committee planning meetings for your PCAOB audit engagements.

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There are also templates for AICPA audit engagement teams to use.

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