Autodesk Faces SEC, DOJ Scrutiny After Internal Accounting Probe

The US Securities and Exchange Commission and the Department of Justice are probing Autodesk Inc. after the software maker reassigned its chief financial officer following an internal investigation into the company’s accounting practices.

“The Company intends to cooperate with the SEC’s investigation,” Autodesk disclosed in a 10-K filed Monday afternoon. In addition, the US Attorney’s Office for the Northern District of California contacted the company regarding its internal investigation, the company said in the annual report, noting it will also cooperate with that probe.

Source: Autodesk Faces SEC, DOJ Scrutiny After Internal Accounting Probe