Jim Cramer’s TheStreet.com financial Web site is being investigated by the Securities and Exchange Commission because of “accounting woes.”

Last summer, TheStreet.com announced there were “issues” related to how it had been recording revenue at Promotions.com, the marketing company it acquired in 2007. An internal probe ensued and resulted in several quarters of delayed earnings results for the parent company, frustrating investors.But just as things appeared to be getting back to normal, earlier this month the SEC asked to have a second look at the findings of TheStreet.com’s internal probe, said a person close to the company.

SEC probes TheStreet.com’s finances [New York Post]