Topic

Financial Reporting Fraud

Misstatement of a public company's accounts or disclosures, covering areas such as revenue recognition, reserves and asset valuation, and the regulatory work aimed at detecting it.

Current clusters

leadership1 publisher

The SEC has folded its accounting-fraud work into a single national enforcement unit

Skadden's partners read the consolidation of SEC accounting enforcement into one national unit as a bid for speed. Their memorandum to boards carries no headcount by which to size the change.

Publishers:corpgov.law.harvard.edu

Reality

Evidence60
Adoption: Insufficient
Hype gap+18
Incentives66
Confidence55