Financial Reporting and Audit Group
E296196
The Financial Reporting and Audit Group is a specialized unit within the SEC’s enforcement arm that focuses on investigating and addressing violations related to corporate financial reporting and auditing practices.
All labels observed (1)
| Label | Occurrences |
|---|---|
| Financial Reporting and Audit Group canonical | 1 |
Statements (49)
| Predicate | Object |
|---|---|
| instanceOf |
SEC enforcement group
ⓘ
specialized enforcement unit ⓘ |
| activity |
analyzing complex financial statements
ⓘ
coordinating with other SEC specialized units ⓘ investigating potential violations of federal securities laws ⓘ recommending enforcement actions ⓘ working with accounting and auditing experts ⓘ |
| collaboratesWith |
Division of Corporation Finance
ⓘ
Office of the Chief Accountant of the SEC ⓘ
surface form:
Office of the Chief Accountant
Public Company Accounting Oversight Board ⓘ |
| country |
United States of America
ⓘ
surface form:
United States
|
| employer |
Securities and Exchange Commission
ⓘ
surface form:
U.S. Securities and Exchange Commission
|
| focusesOn |
accounting fraud
ⓘ
audit failure cases ⓘ auditing practice violations ⓘ auditor independence issues ⓘ auditor misconduct ⓘ books and records violations ⓘ corporate financial reporting violations ⓘ disclosure violations ⓘ earnings management ⓘ financial statement misstatements ⓘ impairment and valuation issues ⓘ internal controls over financial reporting ⓘ issuer reporting and disclosure ⓘ restatement-related misconduct ⓘ revenue recognition issues ⓘ |
| goal |
deter financial reporting fraud
ⓘ
enhance audit quality ⓘ promote accurate financial reporting ⓘ protect investors ⓘ |
| jurisdiction | United States federal securities laws ⓘ |
| legalAuthorityUnder |
Dodd–Frank Wall Street Reform and Consumer Protection Act
ⓘ
surface form:
Dodd-Frank Wall Street Reform and Consumer Protection Act
Sarbanes–Oxley Act of 2002 ⓘ
surface form:
Sarbanes-Oxley Act of 2002
U.S. Securities Act of 1933 ⓘ
surface form:
Securities Act of 1933
U.S. Securities Exchange Act of 1934 ⓘ
surface form:
Securities Exchange Act of 1934
|
| partOf |
Division of Enforcement
ⓘ
Securities and Exchange Commission ⓘ
surface form:
U.S. Securities and Exchange Commission
|
| regulates |
public company financial reporting practices
ⓘ
registered public accounting firm conduct ⓘ |
| sector |
financial regulation
ⓘ
securities regulation ⓘ |
| subjectOf | SEC enforcement program on financial reporting and auditing ⓘ |
| typeOfCasesHandled |
auditor enforcement cases
ⓘ
cases involving senior corporate officers ⓘ issuer financial reporting cases ⓘ |
| usesExpertiseIn |
SEC reporting requirements
ⓘ
accounting standards ⓘ auditing standards ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.