"When FTX is under discussion, a common question to arise is, “Who performed the audit on FTX?”. In line with the SEC's accounting and auditing enforcement, the submission of the audited financial statements to SEC is of paramount importance.

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

In case anyone seeks how to submit audited FS to the SEC, there are guidelines and protocols that need to be followed.

Audits constitute an integral part of SEC's monitoring. Within the framework of the SEC audit committee, the presence of a financial expert is generally indispensable. One sec accreditation for external auditors of the significant authorities of the SEC lies in its influence over audits.

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 is supervised under these regulations, considering the link between the FTC and SEC.

To serve as an audit client in the US, SEC's endorsement is usually required. SEC also certifies external auditors, thereby enhancing quality checks in audited financial statements.

When it comes to defining 'SEC' in terms of 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."