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When did the Treadway Commission issue its report?
The Treadway Commission issued its report in October 1987.
What did the Treadway Commission conclude?
The Treadway Commission concluded that the responsibility for fraudulent financial reporting was not vested in one group.
Why was the Treadway Commission formed?
The Treadway Commission was formed to identify factors contributing to fraudulent financial reporting and to develop recommendations to reduce its future occurrence.
What does COSO stand for please?
Committee of Sponsoring Organizations (of the Treadway Commission)
Who did the Treadway Commission issue recommendations to?
It issued a series of recommendations for the public company, the independent public accountant, the Securities and Exchange Commission (SEC), and the educational community.
What government organization oversaw all wartime rationing?
OPA
What was the second individual incentive identified by the Treadway Commission?
Avoiding penalties for poor performance in achieving targeted profit objectives.
Which new deal program oversaw the development of dams and hydroelectric power facilities?
A Securities and Exchange Commission
Which new deal programs oversaw the development of dams and hydroelectric power faculties?
Securities and Exchange Commission.
What was the second institutional incentive identified by the Treadway Commission?
Delaying the reporting of financial difficulties in order to avoid failure to comply with covenants in debt agreements.
What is the birth name of Ty Treadway?
Ty Treadway's birth name is Tyrus Richard Treadway.
What did the Auditing Standards Board do in response to the Treadway Commission report?
The Auditing Standards Board (ASB) of the AICPA issued ten new auditing standards in 1988.
