Jean-Philippe Poissant, Principal, Cornerstone Research to Speak at The Knowledge Group’s SEC Accounting and Auditing Enforcement

Top Quote The Knowledge Group, the leading producer of regulatory-focused webcasts, has announced today that Jean-Philippe Poissant, Principal, Cornerstone Research will speak at its webcast entitled, “SEC Accounting and Auditing Enforcement: Navigating Regulatory Storms.” End Quote
  • (1888PressRelease) May 23, 2025 - This event is scheduled for May 29, 2025 from 3:00 PM to 4:00 PM (ET).

    For further details, please visit:
    https://knowlearninghub.com/courses/sec-accounting-and-auditing-enforcement-cle/

    About Jean-Philippe Poissant
    Jean-Philippe “JP” Poissant coheads Cornerstone Research’s accounting practice. Mr. Poissant has more than a decade of experience in financial and accounting consulting in complex litigation and regulatory proceedings. He specializes in accounting and financial reporting, financial investigations, valuation, damages, and corporate governance issues. Mr. Poissant’s industry expertise includes financial institutions, investment management, life sciences, natural resources, real estate, and technology. He manages large case teams, working with multiple experts through all phases of the litigation process, from pre-litigation investigation to trial. He has experience with state and federal courts, regulatory enforcement, mediation, and arbitration.

    About Cornerstone Research
    For more than thirty years, Cornerstone Research staff have provided economic and financial analysis in all phases of commercial litigation and regulatory proceedings.

    We work with a broad network of testifying experts, including prominent faculty and industry practitioners, in a distinctive collaboration. Our staff consultants contribute expertise in economics, finance, accounting, and marketing, as well as business acumen, familiarity with the litigation process, and a commitment to produce outstanding results. The experts with whom we work bring the specialized expertise of researchers or practitioners required to meet the demands of each assignment.

    Cornerstone Research has seven hundred staff and offices in Boston, Chicago, London, Los Angeles, New York, San Francisco, Silicon Valley, and Washington.

    Event Summary
    The U.S. Securities and Exchange Commission (SEC) drastically reduced its accounting and auditing enforcement activity in fiscal year 2024, the final year of Gary Gensler’s administration, ending two consecutive years of annual increases. In contrast to other SEC priorities under Chair Gensler, such as cryptocurrency and off-channel communications, accounting and auditing enforcement activity generally declined.

    Compared to four-year period (FY 2017–FY 2020) under Jay Clayton, who was the SEC Chair during the first Trump administration, the SEC accounting and auditing enforcement activity under the Gensler period (FY 2021–FY 2024) declined in terms of total number of actions initiated or settled. The average total settlement amount per year during the Gensler period also declined to $647 million, down from $796 million imposed during the Clayton period.

    As we look at the new SEC priorities during the second Trump administration, these trends highlight the dynamic nature of enforcement and the influence of changing leadership and priorities on overall activity.

    Key Topics:

     Understand the overall decline in SEC accounting and auditing enforcement actions and how these changes reflect shifting regulatory priorities.
     Compare trends in accounting and auditing enforcement and settlement activity between SEC administrations.
     Learn how changes in accounting and auditing enforcement priorities impact the amount and composition of monetary penalties, preparing for future regulatory developments.

    About The Knowledge Group

    Founded in November 2006, The Knowledge Group has been at the forefront of providing quality continuing education programs for lawyers, accountants, financial executives, risk and compliance specialists, human resources professionals, technology officers, and business consultants in a wide range of industries.

    The Knowledge Group strives to be the best-in-class provider of continuing education by bringing forth relevant content you can’t get anywhere else.

    Contact:
    Therese Lumbao
    Director, Account Management & Member Services
    The Knowledge Group, LLC
    info ( @ ) theknowledgegroup dot org

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