"When inquiring about FTX, one might ask, “Who was the auditor for FTX?”. As get more info a component of the SEC accounting and auditing enforcement procedures, the submission of the audited financial statements to SEC is of paramount importance.

It's a requirement by SEC to submit these audited FS. In the case of these SEC audited financial statements provide transparency and accountability for the respective organization.

Should anyone question about the submission of audited FS to the SEC, there are guidelines and protocols that need to be followed.

Audits make up a significant observation field for the SEC. In the composition of the SEC audit committee, a financial expert commonly plays a vital role. Influencing audits forms one of the key powers that the SEC holds.

In terms of the broker-dealer annual audit filing with the SEC, the commitment to these requirements serves as a major aspect of SEC rulings.

When auditing the financial records of FTX falls under the oversight of these regulations, given the interconnection between the FTC and SEC.

To serve as an audit client in the US, SEC's endorsement is usually required. SEC also recognizes external auditors bringing forth robust quality control in audited financial documents.

To clarify what the term 'SEC' refers to in an audit, it outlines the U.S. Securities and Exchange Commission, an authoritative body governing audits.

Even in places like Texas, the SEC holds sway in regulatory matters. Overall, knowing the auditor of FTX and understanding SEC's impact, the audit processes and standards bear great significance in the financial sector."