The Securities and Exchange Commission has charged the audit, tax, and consulting firm RSM US LLP (RSM) and three senior-level employees with improper professional conduct in connection with its audit work with the company Revolution Lighting Technologies Inc. (Revolution). The SEC order states that RSM and the employees failed to
Audit firm RSM and three senior employees charged for failing client audits
The SEC has charged and fined the audit company RSM US LLP with a $3.75m penalty, including charging senior-level employees with failure to conduct client audits.