Accounting Fraud & SEC Investigations: Recent Enforcement Initiatives and Compliance Issues
The Securities and Exchange Commission’s (SEC) recent investigation on the alleged accounting fraud committed by Synchronoss Technologies, Inc. and its several employees signals the Commission’s heightened enforcement scrutiny on individual accountability. Top executives are now faced with a notice for potential SOX 304 Reimbursement. This underscores the need to develop a robust internal control and compliance culture for financial reporting. As the SEC’s enforcement activities continue to ramp up and the regulatory landscape remains uncertain, businesses must stay updated and be well-versed on any grounds that would result in potential liability risks. Join a panel of key thought leaders and [...]