"Understanding the Role of SEC and the Auditor for FTX"

"When we talk about FTX, a common question arises, "Who audited the FTX?". As a component of the SEC accounting and auditing enforcement procedures, a crucial part resides in the submission of audited FS to SEC.

SEC mandates the submission of these audited FS. These SEC audited financial statements they facilitate the accountability and transparency of the related business entity.

In case anyone seeks how to submit audited FS to the SEC, there exists a set of protocols and guidelines that should be adhered to.

Audits make up a significant observation field for the SEC. The SEC audit committee usually includes a financial expert as an integral member. The SEC has a strong influence over audits, one of its primary powers.

In terms of the broker-dealer annual audit filing with the SEC, compliance with this requirement is a significant aspect of the SEC regulations.

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. SEC also recognizes external auditors bringing forth robust quality control in audited financial documents.

When it comes to defining 'SEC' in terms of an audit, it represents the U.S. Securities and Exchange Commission, a regulatory body that us sec audit client oversees audits.

SEC's influence extends even to places like Texas in terms of regulatory issues. Overall, knowing the auditor of FTX and understanding SEC's impact, the audit processes and standards bear great significance in the financial sector."