been While formally the SEC is charged with the responsibility for establishing accounting principles to be followed in the preparation of sec filings, the impact of the Sec penemy in in guiding the development of stock exchange Oefective in controlling foreign corporation and investors O intentance to Congress with the development of slow in its informal review and approval of standards developed in the private partiere As a potential equity investor, what information about a company would you be least interested in prior to making an investment decision? What differentiates them from their competition? Whether they have positive cash flows? What are the employee benefits and compensation packages? Whether they are generating a profit