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%.

  • Los Angeles

Elaine M. Harwood

Senior Vice President

  • Chicago

Frank T. Mascari

Principal

  • Chicago

Russell Molter

Principal

  • Los Angeles

Jean-Philippe Poissant

Principal

  • Washington

Simona Mola

Principal

  • Chicago

Sean M. Kruskol

Vice President

  • Washington

Steven McBride

Principal