SEC Alert! SEC Charges Audit Firm RSM and Three Senior-Level Employees with Failure to Properly Conduct Client Audits.
Source: https://www.sec.gov/news/press-release/2022-180
The Securities and Exchange Commission today charged audit firm RSM US LLP and three senior-level employees with improper professional conduct for failing to properly audit Revolution Lighting Technologies Inc.โs (โRevolutionโ) financial statements over a four-year period when Revolution was violating accounting