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2020 Review: Accounting and Auditing Enforcement Activity

Thursday, April 29, 2021 In a year characterized by the challenges of the COVID-19 pandemic and the potential for a change in U.S. presidential administration, SEC enforcement activity remained strong but PCAOB activity declined to a new low. Together, the SEC and PCAOB publicly disclosed 63 accounting and auditing enforcement actions during 2020, with nearly 80% representing SEC actions. Monetary settlements totaled more than $1.4ย billion, nearly all of which was imposed by the SEC....
United Kingdom United States Stephanie Avakian Jay Clayton Institute For Law Division Of Enforcement Annual

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