18. The agency of the United State Government that oversees the
U.S. financial markets is the
19. What organization issues U.S. accounting standards?
20. Two of the major characteristics that make accounting
information useful are
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ACC 561 Week 2 Individual Assignment Accounting The
Regulatory Environment (2 Papers)
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This Tutorial contains 2 Papers of this Assignment
In the wake of the accounting and finance scandals of the early 2000s,
the regulatory environment for businesses changed dramatically to
create more accountability and transparency. Agencies like the
Securities and Exchange Commission (SEC) and the Public Company
Accounting Oversight Board (PCAOB) play a greater role in
enforcing and auditing companies for compliance to regulations such
as the Sarbanes-Oxley Act of 2002.
Select an accounting regulatory or standards agency (e.g. PCAOB,
IASB, etc.)
Select a public company that you either currently work for, have
worked for in the past, or one with which you are familiar.
Create a 1,050-word analysis of the regulatory environment:
Identify one or more regulations that would apply to your
selected company.
Discuss the ways that compliance with the regulations is