Accounting & The Regulatory Environment

Week 2 Accounting & The Regulatory Environment
In the wake of the accounting and finance scandals of the
early 2000s, the regulatory environment for businesses changed dramatically to
create more accountability and transparency. Agencies like the Securities and
Exchange Commission (SEC) and the Public Company Accounting Oversight Board
(PCAOB) play a greater role in enforcing and auditing companies for compliance
to regulations such as the Sarbanes-Oxley Act of 2002.
Select an accounting regulatory or standards agency (e.g.
PCAOB, IASB, etc.)
Select a public company that you either currently work for,
have worked for in the past, or one with which you are familiar.
Create a 1,050-word analysis of the regulatory environment:
Identify one or more regulations that would apply to your
selected company.
Discuss the ways that compliance with the regulations is
beneficial to the company, industry, and consumers.
Examine how the agency you selected and your selected
company work together.
Explain the role of ethics in the regulatory environment.
Discuss the ways in which the regulatory environment would
directly affect your role in the company in either your current role or your
desired career with the organization.
Format your assignment consistent with APA guidelines.
Click the Assignment Files tab to submit your assignment.