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What US government agency gives authority over the financial reporting requirements of publicly traded corporations?

When it comes to the financial reporting of publicly owned corporations, the SEC has the final authority. SEC stands for U.S. Securities and Exchange Commission.


What form of municipal government closely matches the structure of corporations with a professional manager reporting to an elected board?

A council form of municipal government closely matches the structure of most corporations with a professional manager reporting to an elected board.


How often do publicly traded corporations typically prepare financial statements for external reporting purposes?

quartwly


What form of municipal government closely matches the structure of the most corporations with a professional manager reporting to an elect board?

A council form of municipal government closely matches the structure of most corporations with a professional manager reporting to an elected board.


What form of municipal government closely matches the structure of most corporations with a professional manager reporting to an elected board?

A council form of municipal government closely matches the structure of most corporations with a professional manager reporting to an elected board.


What has the author Herman W Bevis written?

Herman W. Bevis has written: 'Corporate financial reporting in a competitive economy' -- subject(s): Accounting, Corporations


What form of municipal government closely matches the structure of most corporate with a professional manager reporting to an elected board?

A council form of municipal government closely matches the structure of most corporations with a professional manager reporting to an elected board.


How does GAAP affect financial reporting?

How does GAAP affect financial reporting?


What purpose does government financial reporting serve?

These reports are the standard that citizens, oversight bodies, and other stakeholders use to judge their government's efficiency, effectiveness, and overall financial condition


When was Financial Reporting Council created?

Financial Reporting Council was created in 1990.


Why reports must be made to government?

Financial reporting in government can be seen as a summary of the government's performance, or capacity, in raising, handling, and using public money. Another way of expressing the role of financial reporting is to say it goes hand in hand with accountability. Accountability is often considered one of the cornerstones of good democratic governments. Officials are given authority and responsibility and it is the task of the officials to clearly convey actions taken and whether these actions fall within the prescriptions of law and community wishes.


Do financial reporting and financial statement mean the same thing?

"Do the term financial reporting and financial statement mean the same thing?"