BUS 623 Topic 6 Government Regulation of Business Paper GCU
Write a paper (2,000 to 2,500 words) 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.
Use readings from the course and seek out additional information to support your discussion. A possible resource is the PCAOB website at https://pcaobus.org (click on the Standards menu item). Include at least three external sources to support your points.
This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.
Prepare this assignment according to the guidelines found in the APA Style Guide, located in the Student Success Center. An abstract is not required.
You are required to submit this assignment to LopesWrite. Please refer to the directions in the Student Success Center.
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