Accounting Regulatory Bodies Paper

IntroductionThere atomic number 18 m whatever report regulative bodies and each performs a specific task. The regulatory bodies traffic circle 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, notwithstanding also can be really risky as well. Because of the risks involved, that is why the U.S. Securities and Exchange Commission ( instant) were created ? to protect all(prenominal) of the investors. The goal of the sulphur is that ?all investors, whether enormous institutions or privy individuals, should beget assenting to certain elementary facts about an investment prior to get 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, t his 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 necessitates 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 auspices laws3.Oversee the inspection of security firms, brokers, investment advisors, and order agencies4.

Oversee private regulatory organizations in the securities, accounting, and auditing fields5.Coordinat e U.S. security regulations with federal, st! ate, and foreign authorities. The commissioners hold fixedness public meetings unless there is some kind of passing confidential information that cannot be shared with the public. The SEC enforces all of the requirements listed to a higher place by civil enforcement actions against companies and or individuals that violate the laws. Examples would be insider job and accounting fraud like the ENRON scandal or Martha Stewart and... If you want to get a full essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper