Write a paper regarding the regulation of financial reporting, as established through the Securities Act of 1933,
Question:
Write a paper regarding the regulation of financial reporting, as established through the Securities Act of 1933, Securities Exchange Act of 1934, the Sarbanes-Oxley Act of 2002, and the Public Company Accounting Oversight Board (PCAOB) auditing standards effective December 31, 2016. Discussion should include the following:
1. Summarize the main points for each act.
2. Compare and contrast the regulations and standards.
3. Discuss the importance of the current regulations with a focus on the PCAOB General Auditing Standards, not the audit procedures or reporting, as applicable to GAAP reporting.
4. Include a discussion of how the regulation of the accounting industry has changed since 1933 using these four regulations/standards as a timeline.
Business
ISBN: 978-0133354263
8th Canadian Edition
Authors: Ricky Griffin, Ronald J.Ebert , Frederick Starke, Melanie Lang, George Dracopoulos