SEC eyes different examples for its accounting-fraud task force

07/16/2013 | CFO.com

The Securities and Exchange Commission's newly formed Financial Reporting and Audit Task Force will be weighing how to use the agency's advanced data-mining capabilities as it steps up its fraud-detection activities. The task force will also model its activities after the SEC's push to detect "aberrational performance" among hedge funds via its Aberrational Performance Inquiry.

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