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SEC Historical Society preserves, shares SEC's history.

The Securities and Exchange Commission is one of the most successful independent regulatory agencies in our nation's history and one of the most influential agencies with respect to the accounting profession. In 1999 the SEC Historical Society was established to preserve and share the SEC's history. The society believes that understanding the role the SEC has played in the past can improve understanding of the present and lead to more informed decisions about the future.

To help fulfill its mission, the society is building a virtual museum on its Web site ( and increasing awareness and use of the virtual museum by the entire financial community, people studying business and financial history, and the public at large.

"The society both encourages scholarship to enhance knowledge of the SEC's role and provides access to historical records of the SEC," said Robert Kueppers, a founding trustee and officer of the SEC Historical Society. "Our objective is to put forth an objective understanding of the distinctive role that the SEC has made to the evolution of American financial markets."

The society is a private, non-profit organization. Membership information is available on its Web site.


[telephone] 202/585-6405

Webcast on GAO Auditor Independence Standards Aug. 6; Q & A Guidance Issued

Gain a comprehensive understanding of the new changes to the GAO Independence Standards affecting Yellow Book audits through an AICPA Webcast scheduled for Aug. 6, 1:00 p.m.--2:55 p.m., ET. The AICPA GAO Independence Standards Webcast will be led by David M. Walker, GAO Comptroller General, and moderated by James G. Castellano, AICPA Chair, and include GAO and AICPA presenters.

This live, interactive Webcast will address such key issues as:

* What the independence principles and safeguards mean to audit practice.

* What non-audit services are permitted or prohibited.

* How to apply the standards in specific nonaudit circumstances.

* The latest question and answer guidance from GAO on the new standards.

* Differences between GAO and AICPA independence standards.

* Important implementation and transition issues.

To register or for more information, log onto or call 888/777-7077, option 3. Price: $79 per registrant; recommended CPE: 2 credits.

In addition, the GAO has released guidance on the auditor independence requirements. The guidance is provided in a 41-page document consisting of questions and answers. You can obtain the Q&A through
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Article Details
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Title Annotation:Securities and Exchange Commission
Publication:CPA Letter
Article Type:Brief Article
Geographic Code:1USA
Date:Jul 1, 2002
Previous Article:AICPA issues comment letter on proposed 2002 Revision to Government Auditing Standards. (regulatory matters).
Next Article:Proposed SOP on derivatives, hedging released by AcSEC. (accounting & auditing news).

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