The securities and exchange commission and an auditor's liability : an honors thesis (HONRS 499)

Abstract

This discussion of the Securities and Exchange Commission and the liability of accountants is to show how the two interrelate and the importance of the SEC in regards to the accounting profession. Along with a discussion of the history of the SEC, its purpose, and the important people associated with its development, there is an explanation of an accountants' liability as it relates to the Securities and Exchange Commission. This paper is an attempt to help explain and understand the relationship between the regulatory agency and the accounting profession.