Daily Archives: December 30, 2019, 2:27 pm

Statement on Role of Audit Committees in Financial Reporting and Key Reminders Regarding Oversight Responsibilities

As the 2019 calendar year-end financial reporting season approaches, we are providing observations and reminders on a number of potential areas of focus for audit committees. Issuers and independent auditors also should be mindful of these considerations with an eye toward ensuring that audit committees have the resources and support they need to fulfill their obligations. To be sure, the…

Read More

SEC Chief Enforcement Accountant Cites The Use Of Data Analytics, Self-Disclosure And Cooperation As Key Factors In Investigating Accounting Misconduct – Corporate/Commercial Law – United States

With more than 130 highly trained enforcement accountants at his disposal, Matthew Jacques, the Chief Accountant of the Securities and Exchange Commission (“SEC”), provided a firsthand glimpse into current enforcement objectives for policing accounting and auditor misconduct. Mr. Jacques was a featured panelist at the Securities Docket annual conference at the Mayflower Hotel in Washington, D.C. on Wednesday, October 23,…

Read More