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In this update:

  • SEC Enforcement Hits Company and CFO, CAO, Engagement Partner, and Consultant for Mis-Characterizing Internal Control Weaknesses

  • SEC Chair and Chief Accountant are Concerned About the Growing Use of Non-GAAP Financial Measures and Warn that Audit Committees Should be as Well

  • 81 Percent of the S&P 500 Published Sustainability Reports Last Year, and the SEC is Taking Notice; Institutional Investors, Not So Much

  • PCAOB Finds High Level of Compliance With its Audit Committee Communications Standard

  • Securities Law Class Actions and SEC Enforcement Actions Were Both Up in 2015, Thanks in Part to Financial Reporting Cases

  • Worldwide, Audit Committees and Internal Audit Departments are Working Better Together, But There is Room for Improvement

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