What is the authority by which congress passed
What is the authority by which Congress passed the Securities & Exchange Act of 1933 and 1934? Discuss and describe (enumerated power/implied power).
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On December 31, 2011, L, Inc. had a $1,500,000 note payable outstanding, due July 31, 2012. L borrowed the money to finance construction of a new plant.
Internal Controls are required to safeguard assets and to ensure ethical business practices. (1) Identify and explain the reason for any two of the seven internal control procedures and (2) provide examples
Sonja is a United States citizen who has worked in Spain for the past 9 months. She received $6,000 a month as compensation. Her employer has offered to extend Sonja's contract to work in Spain for another 6 months at the same rate of pay.
On February 1, 2011, Pearson Corporation became the lessee of equipment under a five-year, noncancelable lease. The estimated economic life of the equipment is 8 years.
On January 31, 2011, B Corp. issued $600,000 face value, 12% bonds for $600,000 cash. The bonds are dated December 31, 2010, and mature on December 31, 2020. Interest will be paid semiannually on June 30 and December 31.
What is the effective interest rate (rounded) on a 3-month, noninterest-bearing note with a stated rate of 12% and a maturity value of $200,000?
Discuss the system of peer review used before Sarbanes-Oxley for auditing firms of public companies and the system as it continues today for auditors of non-public issuers.
Discuss a few of the accounting scandals and Congressional investigations over the years that eventually led to the demise of the system of self-governance system for Auditors.
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