Daily Archives: February 10, 2020, 10:32 am

SEC Chief Enforcement Accountant Cites The Use Of Data Analytics, Self-Disclosure And Cooperation As Key Factors In Investigating Accounting Misconduct

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,…

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Ernst & Young Won a Multimillion-Dollar Audit Spot. Investigators Want to Know Why. – WSJ

A rare criminal investigation into corporate auditing is focused on allegations that bid-rigging helped Ernst & Young LLP win a competition run by Sealed Air Corp., according to people close to the probe. The scrutiny highlights the close ties that often exist between corporate executives and the Big Four audit firms. William Stiehl and Carol Lowe were senior executives at…

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