Accounting Regulatory Bodies Paper

IntroductionThere atomic number 18 m whatever history regulative bodies and each performs a specific task. The regulatory bodies treated regulations for the accounting industry. This paper impart review the four regulatory bodes and how organizations comply with these standards. U.S. Securities and Exchange agencyInvesting in stocks and bonds is not only lucrative, simply also can be very(prenominal) risky as well. Because of the risks involved, that is why the U.S. Securities and Exchange Commission ( sulphur) were created ? to protect all(prenominal) of the investors. The goal of the moment is that ?all investors, whether enormous institutions or clannish individuals, should find entranceway to certain elementary facts about an investment prior to purchase it, and so extensive as they cargo area it? ( indorsement, 2009). The SEC protects investors by requiring all open companies by allowing the public to have access to their financial information. By doing so, this makes all of the information very clear and accessible for any investor. Providing the accurate financials allows the investors to determine if he or she motivations to buy, sell, or hold in their investments with the public company. The SEC is made up of five commissioners that are appointed by the President. The jobs of the commissioners are as follows:1.Issue rules and amend animated rules2.Interpret federal surety laws3.Oversee the inspection of security firms, brokers, investment advisors, and order agencies4.

Oversee private regulatory organizations in the securities, accounting, and auditing fields5.C oordinate U.S. security regulations with fed! eral, state, and foreign authorities. The commissioners hold repair public meetings unless there is some kind of passing privy information that cannot be shared with the public. The SEC enforces all of the requirements listed higher up by civil enforcement actions against companies and or individuals that violate the laws. Examples would be insider profession and accounting fraud like the ENRON scandal or Martha Stewart and... If you want to get a full essay, order it on our website: BestEssayCheap.com

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