SEC

The Securities and Exchange Commission is paying extra attention to the way public companies are adhering to the new rev rec standard.

The deputy chief accountant for technology and innovation in the Office of the Chief Accountant plans to leave the SEC this month after more than 14 years.

Teotia is succeeding Wesley Bricker, who stepped down in May.

The Public Company Accounting Oversight Board posted two new pages to its website to help implement some of its standards and amendments that have recently been approved by the Securities and Exchange Commission.

The Securities and Exchange Commission charged the firm with changing some of its previous audit work and manipulating results of its internal training tests.

The Securities and Exchange Commission has added fraud charges to its previous charges against Longfin Corp., a defunct company that used to promote cryptocurrency and went public under dubious circumstances.

A U.S. bill that proposes to delist Chinese firms that don’t open their audit books to American regulators could benefit Hong Kong Exchanges & Clearing Ltd. as companies instead turn to the city’s bourse.

The Securities and Exchange Commission awarded $3 million to a group of unidentified whistleblowers Monday.

Deputy chief accountant Sagar Teotia will serve as an interim successor.

The anonymous tipster is the first rewarded under rules that encourage employees to report potential fraud to their companies first.