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| Topic: |
Business
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| Number of pages / Number of words: |
3 / 740 |
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Otherwise, their purpose is wasted. They put forth proposals in an attempt to standardize the industry as much as makes sense in our global economy. They have an emerging issues task force that attempts to look ahead to deal with new issues before standardizing their activities becomes too difficult...
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The Securities and Exchange Commission (SEC) is another organization that has the power to deal with the ethical and legal obligations of financial reporting. According to the SEC chairman Christopher Cox (2005) “The SEC serves the interest of investors... anyone who attempts to drive a wedge between the SEC and investors will find itself with a relentless adversary in the SEC†(p...
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