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SOX, DuPont Analysis, Liquidty Questions, and SEC

What are three primary roles of the U.S. Securities and Exchange Commission (SEC)?

How does the Sarbanes-Oxley Act of 2002 augment the SECâ??s role in managing financial governance?

Do you think businesses became more ethical after Sarbanes-Oxley was passed?

Provide examples to support your answer

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What ratios measure a corporation's liquidity?

What are some problems associated with using such ratios? How would the DuPont analysis overcome these problems?

601 words

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What are three primary roles of the U.S. Securities and Exchange Commission (SEC)?
The Securities Exchange Commission (SEC) regulates corporate accounting and its three main functions are to facilitate capital formation, maintain far and efficient markets, and to protect investors. The SEC helps to regulate the industry using the laws provided by Congress. In the example below the Sarbanes-Oxley Act is one of the legislative laws that the commission must oversee.
How does the Sarbanes-Oxley Act of 2002 augment the SECs role in managing financial governance?
The Sarbanes-Oxley Act (SOX) is a system that has changed the internal control system of companies. One function of internal controls is to ensure that a company's financial records and reports are accurate. Management must file a statement attesting to the quality of its internal control system, and auditors examine both the system and management's statement about it. Congress makes its wishes known through high-level regulation via laws ...

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Detailed answers and examples to these questions

What are three primary roles of the U.S. Securities and Exchange Commission (SEC)?

How does the Sarbanes-Oxley Act of 2002 augment the SECâ??s role in managing financial governance?

Do you think businesses became more ethical after Sarbanes-Oxley was passed?

What ratios measure a corporation's liquidity?

What are some problems associated with using such ratios? How would the DuPont analysis overcome these problems?

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