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Ethical and Legal Obligations
Essay specific features
Written by:
George B
Date added:
May 26, 2015
Level:
University
Grade:
A
No of pages / words:
5 / 1138
Was viewed:
4641 times
Rating of current essay:
Essay content:
Companies have an ethical and legal obligation to financial reporting. To ensure correct reporting is followed, several agencies are employed to regulate business. The Financial Accounting Standards Board, FASB, Securities and Exchange Commission, SEC and Public Company Accounting Oversight Board, PCAOB, are all agencies involved in promoting fair accounting principles for United States businesses...
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The Financial Accounting Standards Board, FASB, Securities and Exchange Commission, SEC and Public Company Accounting Oversight Board, PCAOB, are all agencies involved in promoting fair accounting principles for United States businesses.
The most commonly known regulating agency is the SEC. It is the government ruling agency that oversees accounting for publicly traded companies in the United States...
displayed 300 characters
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