Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Congressional Research Service
Official summary
Version 00 · Introduced in Senate · Jan 24, 2002
Auditor Independence Act of 2002 - Amends the Securities Exchange Act of 1934to provide that an independent public accountant who performs auditing or related services for a client is prohibited from also providing to such client during the calendar year in which such services are performed: (1) management consulting services; (2) any other service that is not related to the audit; or (3) any other service that could result in a potential conflict of interest or otherwise impair auditor independence.
No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.
Source last updated: Aug 19, 2025. Consult Congress.gov for the current record.
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