"The SEC and FTX Auditor"

"When FTX is under discussion, a common question to arise is, “Who performed the audit on FTX?”. In the framework of the SEC’s regulatory enforcement on accounting and auditing, a crucial part resides in the submission of audited FS to SEC.

SEC mandates the submission of these audited FS. In the case of these SEC audited financial statements it helps in establishing accountability and transparency of the organization concerned.

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

Audits constitute an integral part of SEC's monitoring. In the composition of the SEC audit committee, a financial expert commonly plays a vital role. One of the significant authorities of the SEC lies in its influence over audits.

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

Auditing financial statements of FTX falls under the oversight of these regulations, given the interconnection between the FTC and SEC.

In the US, it's standard practice for an entity to require SEC's approval to function as an audit client. The SEC also accredits external auditors, ensuring quality control in audited financial reports.

To clarify what the term 'SEC' refers to in an audit, it represents the U.S. Securities and Exchange Commission, a regulatory body that oversees 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."