Nikita Mistry

Oct 23, 2024 | accountingtoday.com | John Carney |Jimmy Fokas |Nikita Mistry

Companies often face the tricky task of producing privileged and confidential information to their independent auditors for audit purposes. This article first examines a company's dilemma regarding whether to disclose any privileged information to its independent auditors. Next, it provides an overview of the existing law, which addresses when the attorney-client privilege and work product protection could be waived when documents are voluntarily disclosed to an independent auditor for the audit.

Sep 25, 2024 | law360.com | John Carney |Teresa Goody Guillén |Nikita Mistry

By John Carney, Teresa Goody Guillén, and Nikita Mistry (September 25, 2024, 3:14 PM EDT) -- Last month, the U.S. Securities and Exchange Commission approved the Public Company Accounting Oversight Board's proposed ethics rule, which governs the standard of liability for associated persons who directly and substantially contribute to an audit firm's violations.... Law360 is on it, so you are, too.

Sep 25, 2024 | law360.co.uk | John Carney |Teresa Goody Guillén |Nikita Mistry

By John Carney, Teresa Goody Guillén, and Nikita Mistry (September 25, 2024, 3:14 PM EDT) -- Last month, the U.S. Securities and Exchange Commission approved the Public Company Accounting Oversight Board's proposed ethics rule, which governs the standard of liability for associated persons who directly and substantially contribute to an audit firm's violations....

Sep 10, 2024 | lexology.com | John Carney |Jimmy Fokas |Jonathan Barr |Teresa Goody Guillén |Nikita Mistry

Key TakeawaysThe U.S. Securities and Exchange Commission (SEC) approved the Public Company Accounting Oversight Board’s (PCAOB) proposed ethics rule Responsibility Not to Knowingly or Recklessly Contribute to Violations, which governs the standard of liability for associated persons who directly and substantially contribute to an audit firm’s violations.