Question

What are the five key requirements for auditor independence?

Answer 1

This could include civil penalties, criminal penalties, or both. The SEC rules on audit independence can be organized into five key areas: (A) Prohibited Non-Audit Services; (B) Audit Committee Pre-Approval of Services; (C) Partner Rotation; (D) Conflict of Interest; and (E) Increased Communication and Disclosure

I hope this will help you
if not then comment me