Accountants’ Liability 2023

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Our consultants apply their technical expertise and experience to bring clarity to a wide range of complex accounting issues. We draw from our extensive network of accounting experts—including experienced audit partners, standard setters, and academics—to meet the unique needs of each case.

Accounting Capabilities

Our consultants apply their technical expertise and experience to bring clarity to a wide range of complex accounting issues. We draw from our extensive network of accounting experts—including experienced audit partners, standard setters, and academics—to meet the unique needs of each case.

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SEC Accounting and Auditing Enforcement Activity—Year in Review: FY 2022

In fiscal year 2022, the SEC publicly disclosed 68 accounting and auditing enforcement actions, a 55% increase from the prior fiscal year.

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Accounting Class Action Filings and Settlements—2022 Review and Analysis

The number of securities class action filings involving accounting allegations increased slightly in 2022 but remained below historical average.

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Public Company Accounting Oversight Board (PCAOB) Enforcement Activity—2022 Year in Review

PCAOB disclosed 29 disciplinary actions involving the performance of an audit and/or a firm’s system of quality control, up 61%.

Elaine M. Harwood
  • Location icon Los Angeles
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Elaine M. Harwood

Senior Vice President

Frank T. Mascari
  • Location icon Chicago
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Frank T. Mascari

Vice President

Russell Molter
  • Location icon Chicago
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Russell Molter

Principal

Jean-Philippe Poissant
  • Location icon Los Angeles
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Jean-Philippe Poissant

Principal

Simona Mola
  • Location icon Washington
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Simona Mola

Principal

Sean M. Kruskol
  • Location icon Chicago
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Sean M. Kruskol

Vice President

Steven McBride
  • Location icon Washington
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Steven McBride

Principal