Commit
Understand
Act
Commit
Maintain objectivity and ability to issue independent auditors’ reports
Comply with independence professional standards, laws and regulations
Continuously evaluate independence, even with existing audit clients
Understand
Perform audits in compliance with AICPA, SEC, PCAOB and IESBA rules
Ensure non-audit services being provided to, and our relationships with, audit clients are permissible
Review and approval of audit and non-audit service Sentinel requests
Communicate with the Audit Committee and obtain pre-approval
Act
Be diligent in performing all independence procedures with excellence
Reinforce the importance of maintaining independence
Optional learnings:
To learn more about the fundamentals of independence, click here.
To access a case study detailing how teams address IESBA requirements for non-audit services, click here.
To learn more about the fundamentals of independence, click here.
To access a case study detailing how teams address IESBA requirements for non-audit services, click here.