Accounting Fraud & SEC Investigations: What Every Company Needs To Know in 2019
Although accounting enforcement cases at the Securities and Exchange Commission (SEC) decreased in 2018, companies should not keep their guards down. The drop in the number of cases doesn’t mean that enforcement has weakened. Budgets, timing, and prioritizing more important cases over smaller ones, could be factors. The recent cases brought by the SEC imply its continued focus on accounting fraud, with heightened enforcement on individual accountability. Areas of focus include overstated assets, misrepresented key metrics, and misleading disclosures.
Companies must keep themselves updated with the emerging trends and developments to be able to devise effective compliance strategies and, thus, avoid fines and lawsuits in 2019.
Listen as a panel of distinguished professionals organized by The Knowledge Group provide the audience with an in-depth analysis of the latest and emerging issues in accounting fraud & SEC investigations. Speakers, among other things, will provide practical compliance strategies for 2019 in light of the recent trends’ implications.
This LIVE Webcast will discuss the following key provisions:
- Recent SEC Enforcement Trends
- Notable Cases
- Areas of Focus
- Best Compliance Practices
- Enforcement Outlook
Anthony Lendez, Partner
BDO USA, LLP
Thomas Terranova, Managing Director
BDO USA, LLP
- Accounting and Disclosure Fraud Topics
- Accounting and Disclosure Fraud Cases
- Risk Factors
- Lack appropriate tone at the top
- Highly competitive industries
- Poor internal control systems
- Best Practices
- Set and monitor the appropriate tone at the top
- Business ethics training
- Monitor and investigate hotline tips/activity
Christine M. Genaitis, CIPP/E, Counsel
- Continued Focus on Individual Accountability
- Investigations brought pursuant to the Accounting Provisions of the Foreign Corrupt Practices Act
- Aggressive Pursuit of Auditor Misconduct
Anthony Lendez is a Partner based in BDO’s New York office. With over thirty-five years of experience, he leads the firm’s Forensic Accounting & Investigations group, encompassing securities litigation, monitorships, accountants’ professional liability, corporate investigations, white collar criminal matters, anti-money laundering compliance, and investigative due diligence. Prior to joining BDO, he was a Technical Manager for the SEC Practice Section of the American Institute of Certified Public Accountants, and an Audit Manager at a big four accounting firm.
Anthony Lendez is a Partner based in BDO’s New York office. With over thirty-five years of experience, he leads the …
Mr. Terranova is a Managing Director within the Forensic Investigation & Litigation Services practice of BDO. Tom is a Certified Public Accountant with over eighteen years of experience in public accounting. He advises counsel and accounting firms in the defense of accountants’ professional liability malpractice claims, conducts internal corporate investigations relating to alleged financial reporting irregularities, advises companies and their counsel on complex accounting and financial reporting disputes that are the subject of securities litigation, and directs other forensic accounting matters.
Mr. Terranova is a Managing Director within the Forensic Investigation & Litigation Services practice of BDO. Tom is a Certified …
Christine M. Genaitis is a member of Dentons' White Collar and Government Investigations practice. As an IAPP-certified privacy professional who holds the European (CIPP/E) and Certified Information Privacy Manager (CIPM) certifications, Christine combines nearly 20 years of experience as a white collar criminal defense lawyer with particularized data privacy and GDPR knowledge. This unique blend of experience enables her to advise clients on how to comply with state and federal laws, including the Foreign Corrupt Practices Act and other international anti-bribery and anti-corruption laws and regulations, without running afoul of their international data privacy obligations.
Christine M. Genaitis is a member of Dentons' White Collar and Government Investigations practice. As an IAPP-certified privacy professional who …
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Method Of Presentation:
On-demand Webcast; Group-Internet Based
General knowledge of financial reporting
NY Category of CLE Credit:
Areas of Professional Practice
NASBA Field of Study:
1.5 CLE; 1.5 NASBA-CPE
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