SEC's Renewed Interest in Accounting Cases —A New Beginning or a Victim of Fait ?

The Accounting Policy & Practice Report ® provides financial accounting policy makers, advisors, and practitioners with the latest news, expert insights, and guidance on emerging, evolving,...

On July 2, 2013, the Securities and Exchange Commission (“SEC” or “Commission”) announced the formation of a Financial Reporting and Audit Task Force within the Division of Enforcement “dedicated to detecting fraudulent or improper financial reporting, whose work will enhance the Division's ongoing enforcement efforts related to accounting and disclosure fraud.”

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