Why SEC finds accounting-fraud investigation difficult but must proceed anyway

The Securities and Exchange Commission will have to overcome hurdles as it refocuses attention on accounting fraud, according to this article. Uncovering accounting fraud requires digging through years of statements and demands more resources compared with other types of investigation. Accounting standards can be vague and thus give companies enough cover to claim they acted in good faith. This article argues that the SEC must proceed, despite these challenges, to catch the next Enron-like scandal before it blows up in the market.

View Full Article in:

New York Times (tiered subscription model), The

Published in Brief:

SmartBrief Job Listings for Business

Job Title Company Location
Manager, Technical Staffing
U.S. Cellular
Chicago, IL
Human Resource Director
Confidential
Salt Lake City, UT
Vice-President of Global Sales
Lindsay Corporation
Hartland, WI
Chief Operations Officer
Delta Community Supports
Blue Bell, PA
Administrative Management Specialist
Smithsonian Institute
Washington, DC