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'Core Focus': Insights from the SEC on Accounting Fraud Case

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Comment briefly on the discussion on www.complianceweek.com 'Core Focus': Insights from the SEC on Accounting Fraud Cases.

http://www.complianceweek.com/core-focus-insights-from-the-sec-on-accounting-fraud-cases/article/235473/

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Solution Summary

Your tutorial is 173 words and discusses why the SEC is interested in cases against auditors.

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Fraud cases are indeed down from 2007. It is not clear if this is because there is less fraud or fewer fraud schemes are being discovered. The most common fraud area, revenue recognition, is down likely due to tighter scrutiny by the SEC and PCAOB on auditors and public firms and greater awareness of ...

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  • MSc, University of Virginia
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