Audit, Accounting & Financial Reporting

Daniel T. Brown attorney profile image

Washington, DC

T: (202) 661-7020
F: (202) 661-7059
William E. Donnelly attorney profile image

Washington, DC

C: (202) 680-4908
T: (202) 661-7011
F: (202) 661-7059
James K. Goldfarb attorney profile image

New York, NY

C: (917) 697-7715
T: (212) 880-3961
F: (212) 880-3998
Joseph I. Goldstein attorney profile image

Washington, DC

C: (202) 480-6811
T: (202) 661-7013
F: (202) 661-7059
Thomas J. McGonigle attorney profile image

Washington, DC

C: (202) 680-4941
T: (202) 661-7010
F: (202) 661-7059

New York, NY

T: (212) 880-3624
Hong Le Webb attorney profile image

Washington, DC

C: (202) 816-9788
T: (202) 661-7014
F: (202) 661-7059
For more information visit Our Team page.

Looking Forward

We believe the SEC will continue its focus on accounting and auditing enforcement matters in 2019. In addition, the PCAOB has undergone changes at the board level and in their enforcement division that may signal a revamped approach. For instance, in late 2018 the PCAOB adopted amendments to its auditing standards, which provide updated guidance to auditing accounting estimates. The amendments emphasize that auditors need to apply professional skepticism, including addressing potential management bias, when auditing accounting estimates.