By Joe Mont2015-09-09T13:00:00
The SEC has charged audit firm BDO USA with issuing false and misleading unqualified audit opinions about the financial statements of staffing services company General Employment Enterprises. BDO agreed to admit wrongdoing, pay disgorgement of its audit fees and interest totaling approximately $600,000, and pay a $1.5 million penalty. Details ...
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2016-02-17T09:45:00Z By Jaclyn Jaeger
Image: Audit committee and external auditors who fail to reasonably carry out their responsibilities increasingly are finding themselves in the crosshairs of the SEC’s Division of Enforcement. “Over the past few years, the staff has really put a lot of focus into financial reporting and auditing enforcement matters. That means ...
2026-03-16T20:26:00Z By Oscar Gonzalez
The U.S. Treasury Department issued a new Russia-related general license allowing certain transactions tied to Russian oil shipments already en route to India. This move comes after oil prices spiked as the U.S war on Iran continues.
2026-03-11T21:06:00Z By Adrianne Appel
The Department of Justice (DOJ) criminal division has announced a blanket policy against prosecuting companies that voluntarily disclose criminal wrongdoing and take other steps—and holding any individuals involved accountable for their criminal activities.
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