Accounting Regulatory Bodies Paper

IntroductionThere atomic number 18 m whatever score regulatory bodies and each performs a specific task. The regulatory bodies practise 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, unless also can be truly risky as well. Because of the risks involved, that is why the U.S. Securities and Exchange Commission ( mo) were created ? to protect all(prenominal) of the investors. The goal of the second gear is that ?all investors, whether enormous institutions or clandestine individuals, should set out overture to certain elementary facts about an investment prior to get it, and so extensive as they cargo area it? ( instant, 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 postulates 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 bail laws3.Oversee the inspection of security firms, brokers, investment advisors, and order agencies4.

Oversee private regulatory organizations in the securities, accounting, and auditing fields5.Coordinate U.S. securit y regulations with federal, state, and forei! gn authorities. The commissioners hold timed public meetings unless there is some kind of passing unavowed 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 craft 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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