ACC 490 Week 1 DQ 3

Week 1 DQ3

Access the U.S. Securities and Exchange Commission (SEC) Web site, http://www.sec.gov

What is the most recent litigation brought by the SEC against a public firm or against an accounting firm? Read the abstract of the complaint and download the document filed with the court. Comment on the nature of the litigation. What is the most recent Staff Accounting Bulletinthat provides guidance to the profession? What was the guidance?