PCAOB's Harris eyes threats to independence, plugs expanded auditor’s report
Jim Hamilton’s World of Securities Regulation (Wolters Kluwer)
PCAOB board member Steven Harris is concerned that auditor independence is again being threatened by the rise of consulting and advisory services at audit firms. He reiterated that the Board is committed to holding auditors accountable, through enforcement actions if necessary, to high standards of independence and professional skepticism.