Accountant whistleblower protection Archives

Top 10 Ways Companies Cook the Books

Companies “cook the books” when they use accounting schemes and tricks to falsify their financial statements (i.e., their books) to make their results appear … Continued

Whistleblower Lawyer Quoted in PoliticoPro About Tax Whistleblower Rewards and Protections

PoliticoPro Tax quoted whistleblower lawyer Matthew Stock about the IRS whistleblower reward program and recently enacted legislation protecting tax fraud whistleblowers: New legal protections meant … Continued

How to Report Accounting Fraud and Earn an SEC Whistleblower Award

How Accounting Fraud Whistleblower Lawyers Can Help Whistleblowers Qualify for SEC Whistleblower Awards In the early 2000s, the U.S. Securities and Exchange Commission (SEC) … Continued

Can a Whistleblower Disclosure About Misleading Earnings Projections Qualify for an SEC Whistleblower Award?

Yes, a disclosure about a misleading earnings projection that leads the SEC to take an enforcement action that recovers more than $1M in sanctions will … Continued

Compliance Week Quotes SEC Whistleblower Attorney About Auditor Independence

SEC Whistleblower Attorney Matt Stock Quoted About Auditor Independence Compliance Week article quoted SEC whistleblower attorney Matt Stock in an article titled “Audit committees need … Continued

Accounting Fraud SEC Whistleblower Attorneys

Accounting Fraud SEC Enforcement Action On March 3, 2017, the SEC announced that homebuilding company Desarrolladora Homex S.A.B. de C.V. (Homex) has agreed to settle … Continued

PwC Settlement in $5.5 Billion Bankruptcy Case of Former Client Underscores the Critical Gatekeeper Role of Auditors

In the largest accounting negligence case to go to trial, PricewaterhouseCooopers (PwC) was accused of enabling a $5.5 billion fraud at the bankrupt mortgage lender … Continued

Whistleblower Protections and Incentives for Auditors and Accountants

What Whistleblower Protection Laws Protect or Reward Accountants and Auditors? In Lawson v. FMR, the Supreme Court recognized the critical roles that auditors and accountants play … Continued

District Court Rejects Materiality Requirement for Sarbanes-Oxley Whistleblower Actions

Sarbanes-Oxley Whistleblower Need Not Prove Securities Fraud In Donaldson v. Severn Savings Bank, Judge Bredar held that there is no independent materiality element to establish protected … Continued

SEC Awards More Than One Million Dollars to Compliance Officer

Compliance Officer Receives Whistleblower Bounty for Courageous Whistleblowing to the SEC Today the SEC announced a whistleblower award of more than one million dollars to a … Continued