Corporations are struggling to adjust internal accounting standards to comply with the new revenue recognition rules in advance of a January 1, 2018 deadline. Those companies that engage their auditors as consultants to prepare for the new standards should be aware of independence issues that could arise later.
Howard Scheck commented on these concerns in a recent article from MarketWatch.
Howard Scheck, a Partner with StoneTurn, has more than 25 years of experience investigating public company financial reporting issues—including as Chief Accountant in the SEC’s Division of Enforcement. Howard specializes […]