Audit, Accounting & Financial Reporting

New York, NY

Phone: (212) 880-3965
Cell: (240) 472-2612

Washington, DC

Phone: (202) 661-7020
Fax: (202) 661-7059

Washington, DC

Phone: (202) 661-7011
Fax: (202) 661-7059
Cell: (202) 680-4908

New York, NY

Phone: (212) 880-3961
Fax: (212) 880-3998
Cell: (917) 697-7715

Washington, DC

Phone: (202) 661-7013
Fax: (202) 661-7059
Cell: (202) 480-6811

Washington, DC

Phone: (202) 661-7010
Fax: (202) 661-7059
Cell: (202) 680-4941

New York, NY

Phone: (212) 880-3624

New York, NY

Phone: (212) 880-3990
Fax: (212) 880-3998
Cell: (917) 538-9223

Washington, DC

Phone: (202) 220-1923
Cell: (202) 815-4426

Washington, DC

Phone: (202) 661-7014
Fax: (202) 661-7059
Cell: (202) 816-9788
For more information visit Our Team page.

Looking Forward

The pace of new SEC enforcement actions in the audit, accounting, and financial reporting space did not ease in 2017 as it did in other areas (see table on page 8). We anticipate the SEC, not to mention the PCAOB and the plaintiffs’ bar, will scrutinize how corporations and accounting firms adapt to the new revenue recognition and lease standards, as well as to the newly enacted standard for the auditor’s report (AS 3101). Among other conditions, AS 3101 requires auditors to communicate in their audit committee reports any “Critical Audit Matters” arising from the audit. How that requirement might impact the auditor-client relationship – and whether it gives rise to unintended or creative liability – remains to be seen.