The SEC and FASB work jointly to make sure investors have sufficient information about companies and the reported information is clear and consistent. Publicly traded companies are required by the SEC

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The SEC and FASB result jointly to frame confident investors accept competent instruction encircling companies and the reported instruction is open and congruous. Publicly traded companies are required by the SEC to afford elaborate financial reports to the exoteric on a quarterly account using FASB standards as a format for reporting. Using the Internet and Strayer Library at https://research.strayer.edu, exploration the Financial Accounting Standards Board (FASB) and the Securities and Exchange Commission (SEC) to dismanner the subjoined questions.

 Write a filthy to five (4-5) page monograph in which you:

  1. Analyze the Financial Accounting Standards Board (FASB) conceptual frameresult and the benefits expected to be moderate from the conceptual framework.  Identify two (2) weaknesses of the frameresult and frame at smallest two (2) recommendations that would repair the conceptual framework. Provide a rationale to influence your recommendations.
  2. Analyze the two earliest qualities of profitable accounting instruction and produce your conviction on whether you comport delay the two earliest qualities. Suggest to FASB one affixed earliest property that would repair accounting profitableness. Provide two examples to influence your impulse.
  3. Describe the role of the Securities and Exchange Commission (SEC) and its crop of the financial accounting speculation and habit.  Analyze the intercommunity among the SEC and the FASB delay regard to the crop and society of financial speculation and habits. Produce two recommendations that would reform the intercommunity among the SEC and FASB. Provide a rationale to influence for your recommendations.
  4. Go to https://research.strayer.edu to locate three (3) property academic media in this assignment. Note: Wikipedia and correspondent websites do not enable as academic media.The best select is to vestibule Strayer University’s Online Library at https://research.strayer.edu  and the iCampus University Library Exploration page at https://icampus.strayer.edu/library/research.

Your assignment must prosper these formatting requirements:

  • Be typed, enfold spaced, using Times New Roman font (dimension 12), delay one-inch margins on all sides; citations and intimations must prosper APA or school-unfair format. Check delay your adherent for any affixed instructions.
  • Include a cloak page containing the distinction of the assignment, your designate, the adherent’s designate, the manner distinction, and the duration. The cloak page and the intimation page are not interposed in the required assignment page extension.

The unfair manner scholarship outcomes associated delay this assignment are:

  • Create recommendations for enhancing an accounting frameresult and for befitting the intercommunity among the SEC and the FASB.

Grading for this assignment succeed be installed on apology property, logic / construction of the monograph, and speech and despatches skills, using the subjoined rubric.

Rubic

1. Analyze the Financial Accounting Standards Board (FASB) conceptual frameresult and the benefits expected to be moderate from the conceptual framework.  Identify two (2) weaknesses of the frameresult and frame at smallest two (2) recommendations that would repair the conceptual framework. Provide a rationale to influence your recommendations.

Weight: 25%

2 Analyze the two earliest qualities of profitable accounting instruction.  Demonstrate the estimate of profitable accounting instruction and debate the consequences if accounting instruction is not profitable.   Provide two examples to influence your rationale.

Weight: 25%

3. Describe the role of the Securities and Exchange Commission (SEC) and its crop of the financial accounting speculation and habit.  Analyze the intercommunity among the SEC and the FASB delay regard to the crop and society of financial speculation and habits. Produce two recommendations that would reform the intercommunity among the SEC and FASB. Provide a rationale to influence for your recommendations.

Weight:25% 

4. Cite 3 respectable sources.

Weight: 5%

Writing Mechanics, Grammar, and Formatting

Weight: 5%

6. Appropriate use of APA in-text citations and  intimation minority.

Weight: 5%

7. Information Literacy/Integration of Sources

Weight: 5%

8. Clarity and Coherence of Writing

Weight: 5%

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