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Tag: ICFR

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Back to the Ledger: The SEC Stands Up a Dedicated Accounting Fraud Unit

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The SEC has created dedicated accounting-fraud teams before. It did so in 2013 with a Financial Reporting and Audit Task Force, and again this past spring with a “SOX group” that arrived with little more fanfare than a pair of job listings....

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SEC Eases Audit Requirements for Smaller Companies

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It takes a lot to break through the coronavirus-centric news cycle, but this development in the world of financial regulation does the trick. Last week, the Securities and Exchange Commission adopted changes that will cut back on auditor at...

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