ACC 280 Week 5 - DQ#1 Regulatory Bodies

ACC 280 Week 5 - DQ#1 Regulatory Bodies

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Of the several regulatory bodies, which has the most affect on companies? Why?

Do both public and nonpublic or not-for-profit organizations comply with the regulations of all regulatory bodies? Why or why not? Are there gray areas? How do companies assure compliance with regulations? How does your company comply? Any thoughts on how to streamline the regulatory process over accounting and finance?

 

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The Securities and Exchange Commission (SEC) is the regulatory agency that maintains the most authority for ... SEC standards should be followed even by private organizations, especially if they desire to ... As well, by following these standards a company’s conversion to public organization will be simpler and less expensive since the auditing process will not ...