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Audit Firms Face SEC Review in Fraud Case

Two accounting firms that were involved in the audit of financial statements of a company whose CFO has been charged with fraud face an SEC administrative hearing to determine if they engaged in professional misconduct in audits that the SEC said showed severe problems. That came as the agency alleged that Karl Redekopp, former CFO of International Commercial Television, helped the company turn millions of dollars of quarterly losses into profits by falsely accounting for sales of a skin-care appliance via Home Shopping Network infomercials.

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The Accounting Top 100

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Social Leader board

The Accounting Top 100 social media leaderboard ranks accounting professionals based on their overall presence, influence, and engagement on social media platforms. Each user’s rank is determined by that user’s Klout Score in addition to a list of custom metrics, and all updated rankings are displayed in new leaderboards generated every two weeks.

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Disclaimer

Avalara’s Accounting Top 100 leaderboard (the “Leaderboard”) is assembled using a list of accounting professional users that’s curated by manual entry as well as by Rise.Global's internal Twitter search functionality. We reserve the right to change scoring metrics used for ranking and to exclude anyone from the list, in our sole discretion. The Leaderboard is not an endorsement, recommendation or sponsorship of any of the accounting professionals on the Leaderboard, and we do not make any representation or guarantee of their ability or reliability. Assessments by different methods or based on different information may yield different results. The Leaderboard is only a starting point to gather information about accounting professionals, and you should not rely on it to decide whether to hire an accounting professional.

For feedback and/or questions please contact [email protected].

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