An investment management company hired CRA to
analyze the effectiveness of a foreign currency hedging
strategy, as well as to help determine whether the
implementation of the strategy conformed to guidelines
established with a customer and whether the strategy
entailed impermissible speculation in currencies.
SEC and PCAOB Enforcement: 2023 accounting and audit highlights
Both the US Securities and Exchange Commission (SEC) and the US Public Company Accounting Oversight Board (PCAOB) reported increased enforcement activity in...