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SEC Issues in 2013
Author(s) -
Ciesielski Jack T.,
Weirich Thomas R.
Publication year - 2013
Publication title -
journal of corporate accounting and finance
Language(s) - English
Resource type - Journals
eISSN - 1097-0053
pISSN - 1044-8136
DOI - 10.1002/jcaf.21861
Subject(s) - accounting , commission , audit , theme (computing) , certification , political science , business , law , computer science , operating system
The American Institute of Certified Public Accountants held its annual “Current SEC & PCAOB Developments Conference” in Washington, D.C., in the first week of December 2012. A dominant theme was why accounting convergence has not happened yet. Attention was also paid to other international affairs, like the failure of firms to provide the Securities and Exchange Commission (SEC) with access to workpapers on audits of Chinese companies under investigation for accounting malfeasance. And on the very first day of the conference, the SEC announced the beginning of proceedings against the Big Four firms plus BDO for failure to cooperate. The authors of this article report in depth on this and other conference issues. © 2013 Wiley Periodicals, Inc.