Welcome to AccelPro Audit, where we provide expert interviews and coaching to accelerate your professional development. Today we’re featuring a conversation with Howard Scheck.

A dual CPA/JD, Scheck is both an accountant and a lawyer, which has led to a fascinating career. Currently, Scheck is a partner with the StoneTurn Group where he helps firms with financial reporting related issues and investigations. Previously, Scheck was on the regulatory side of things, first working as a lawyer in the SEC’s Division of Enforcement for many years, before serving as Chief Accountant in the same division.

In this episode, we discuss trends in SEC enforcement actions that auditors should be aware of (including an increased focus on non-GAAP issues like cybersecurity and controls), landmark cases and penalties handed out in 2023, Scheck’s estimation of the incidence of fraud, and how auditors can best stay up to day on the SEC’s evolving agenda. We also dig into Scheck’s unique career path and what advice he has for others considering combining law and accounting.

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