Howard Scheck

Accounting and Audit Enforcement , Compliance, Remediation and Monitoring, Compliance Remediation and Controls Testing, Monitorships, Disputes and Economic Consulting, Expert Witness Testimony, Investigations and Intelligence, AML, Financial Crimes and Fraud Investigations, Forensic Accounting, Litigation Support , Regulatory Investigations

Howard Scheck is a StoneTurn Partner with three decades of experience advising clients concerning complex financial reporting matters.

Howard is a former SEC Chief Enforcement Accountant with extensive experience applying accounting and auditing standards in the context of the federal securities laws. He frequently serves as a consulting and testifying expert and specializes in assisting counsel with:

• Defending clients who are subjects of SEC and DOJ enforcement inquiries.

• Representing clients in class action lawsuits, purchase price disputes or arbitrations involving financial reporting issues.

• Conducting independent audit or special committee investigations arising from government investigations and whistleblower complaints.

• Defending auditors alleged to have violated auditing standards.

• Assessing the design and operating effectiveness of internal controls and compliance programs.

For 15 years, Howard investigated and prosecuted financial reporting matters in the SEC’s Division of Enforcement serving as Chief Accountant for 3.5 years and Branch Chief, Senior Counsel, and Staff Attorney for 11.5 years. As Chief Accountant, Howard managed 100 accountants across the Division and worked closely with investigation teams, senior officers, the Office of Chief Accountant and the Division of Corporation Finance on accounting and auditing-related enforcement actions. As Branch Chief, Howard investigated and prosecuted a wide range of federal securities laws violations including accounting, FCPA, insider trading, market manipulation, and 40 Act matters. As a forensic accounting partner in the private sector for over 15 years, Howard has consistently provided expert advice and opinions and has conveyed complex and nuanced accounting interpretations to regulators, boards of directors and management.

Next-Generation Compliance: Preparing for Continued SEC AI Washing Enforcement, Co-Author with Luke Tenery, https://stoneturn.com/insight/next-generation-compliance-preparing-for-continued-sec-ai-washing-enforcement/

Preventing Trade Allocation Pitfalls, Co-Author with Christopher Hoyle, Corporate Compliance Insights, March 2025

https://stoneturn.com/insight/preventing-trade-allocation-pitfalls/

AccelPro Audit Podcast On trends in SEC Enforcement, July 2024 https://podcasts.apple.com/na/podcast/on-trends-in-sec-enforcement/id1727473420?i=1000663221128

SEC Is Watching Earnings Management Disclosures, Bloomberg Law, February 2020 https://news.bloomberglaw.com/us-law-week/insight-sec-is-watching-earnings-management-disclosures?context=search&index=3

Uncovering bribes hidden in books and records, Journal of Accountancy, October 2019 https://www.journalofaccountancy.com/issues/2019/oct/fraud-risk-bribes-in-financial-accounts-expense-categories.html

Internal Controls Violations in Cyber-Fraud Cases, CFO.com, November 2018 https://www.cfo.com/regulation/2018/11/internal-controls-violations-in-cyber-fraud-cases/

Risky Business: SEC Focuses on Internal Controls, CFO.com, November 2016 https://www.cfo.com/financial-reporting-2/2016/11/risky-business-sec-focuses-internal-controls/

The New Era of Regulatory Enforcement, A Comprehensive Guide for Raising the Bar to Manage Risk, Chapter 7, Financial Reporting Fraud, 2016 https://www.scribd.com/book/479929180/The-New-Era-of-Regulatory-Enforcement-A-Comprehensive-Guide-for-Raising-the-Bar-to-Manage-Risk

Unleashing the Fraud Squad: After a spell in the shadows, financial statement fraud is squarely on the SEC’s radar, Metropolitan Corporate Counsel, November 2015 https://inhouselegaltech.com/investigations/unleashing-the-fraud-squad-after-a-spell-in-the-shadows-financial-statement-fraud-is-squarely-on-the-secs-radar/

Risk & Compliance, Market Abuse and Manipulation, April-June 2015 https://riskandcompliancemagazine.com/market-abuse-and-manipulation

Burying Bribes in the Books and Records, Today’s General Counsel, October/November 2014

Financial Reporting Integrity: factoring tone and culture into the equation, Corporate Secretary Special Report 2 Ethics & Compliance, June 2014 https://boardspan.com/users/0/library/financial-reporting-integrity-factoring-tone-and-culture-into-the-equation

Financial Reporting Fraud: The SEC’s renewed focus and what companies need to do now, KPMG Forensic Focus, November 2013