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| Topic: |
Business
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| Number of pages / Number of words: |
2 / 549 |
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"As a result of the accounting scandals of the early 2000's, the SEC was given more responsibility and authority to monitor financial reporting. Congress provided this additional authority with the Sarbanes-Oxley Act. This Act created, among other things, a Public Company Accounting Oversight Board. The Act also required the SEC to implement many changes to the way corporations are governed" (Albrecht et al, 2005)...
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"As a result of the accounting scandals of the early 2000's, the SEC was given more responsibility and authority to monitor financial reporting. Congress provided this additional authority with the Sarbanes-Oxley Act. This Act created, among other things, a Public Company Accounting Oversight Board. The Act also required the SEC to implement many changes to the way corporations are governed" (Albrecht et al, 2005)...
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General points of the essay
Accounting Reporting Criteria
Choose A Current International Accounting Standard (Ias) Or International Financial Reporting Standard (Ifrs). Briefly Summarise Its Provisions And Assess Whether The Standard Can Be Considered To Be ‘Principles-Based’ Or ‘Rules-Based’, E...
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