Financial statement discussion 5 THE U.S. SECURITIES AND EXCHANGES COMMISSION, business and finance homework help

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Reminder: Initial Discussion Board posts due by Friday, responses due by Tuesday

Students will be expected to post their first initial Discussion Board posting by Friday of each week. Discussion posts will be graded, and late submissions will be assigned a late penalty in accordance with the late penalty policy found in the syllabus. NOTE: All submission posting times are based on midnight Central Time.

Students are expected to post their responses to peers by Tuesday. NOTE: All submission posting times are based on midnight Central Time.

Primary Task Response: Review and reflect on the knowledge you have gained from this course. Based on your review and reflection, write at least 3 paragraphs on 1 of the following topics:

  • What are some examples of major ethical breaches in the recent past that have led to increased scrutiny in the field of financial reporting and analysis? Why are they important to a firm’s stakeholders and the public at large?
  • What is the Sarbanes-Oxley Act, and what are some of the elements of this Act that were designed to protect the integrity of the financial statements prepared and disseminated by publicly traded companies?
  • What is the SEC, and what is its role in protecting the integrity of financial statements prepared and disseminated by publically traded companies?

Be sure to document your statements with credible sources, in-text citations, and references using proper APA format.

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