SEC Taps CPA to Oversee Fraud Cases

Charles Niemeier, a CPA with the Washington, D.C. law firm of Williams & Connolly, is now on board with the SEC as Chief Accountant of the Division of Enforcement to help investigate accounting fraud. In this capacity, he will advise the enforcement division on accounting related issues.

Niemeier also will head a new SEC group called the 'Financial Fraud Task Force,' which will consist of a team of accountants and lawyers focusing on accounting and financial reporting investigations. Additionally, the Task Force will help look into how the SEC can move cases along at a faster rate.

Niemeier will succeed Walter Schuetze as the Chief Accountant. Mr. Schuetze will continue providing consulting services to the SEC.


Already a member? log in here.

Editor's Choice

Upcoming CPE Webinars

Nov 24This webcast presents basic principles of revenue recognition, including new ASU 2014-09 for the contract method. Also, CPAs in industries who want a refresher on revenue accounting standards will benefit.
Dec 3The materials discuss the concepts and principles in the AICPA’s new special purpose framework.
Dec 9A key component to improving your firm’s workflow efficiency while enhancing your profitability at the same time is how you leverage emerging technologies.
Dec 9Kristen Rampe will cover how to diffuse the tension in challenging situations in this one-hour webinar.