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Financial A&A news from around the web: June 20 – 24, 2022

Written on Jun 24, 2022

How the proposed new SEC rules on climate-related disclosures will impact your organization 
The proposed new rules by the SEC to disclose greenhouse gas emissions and other climate-related metrics are expected to have a broad impact on many organizations, some of which may have very little experience with climate reporting. What might organizations need to consider if the proposed rules are adopted? 

SEC acting chief accountant cautions against “checklist compliance” approach to auditor independence 
The SEC’s acting chief accountant re-emphasized the SEC's focus on auditor independence in his June 8 statement on The Critical Importance of the General Standard of Auditor Independence and an Ethical Culture for the Accounting Profession.