The Securities and Exchange Commission and the Public Company Accounting Oversight Board are expanding their efforts to deter accounting fraud, reaching out to academics, practitioners and others to find ways to better detect accounting fraud.
The SEC announced new initiatives in July to target the problem, including a new Financial Reporting and Audit Task Force (see SEC Creates Task Force to Combat Accounting Fraud). SEC chief accountant Paul Beswick and PCAOB board member Jay Hanson talked more about the initiative during a joint discussion Tuesday at Financial Executives International’s Current Financial Reporting Issues conference in New York.
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access