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| Topic: |
Business
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| Number of pages / Number of words: |
3 / 730 |
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Government regulations have played an important role in the application of the accounting standards and reporting requirements. SEC one of the government regulator requires public companies to disclose meaningful financial and other information to the public, which provides a common pool of knowledge for all investors to use to judge for themselves if a company's securities are a good investment...
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Only through the steady flow of timely, comprehensive and accurate information can people make sound investment decisions (SEC, 2006)â€. “The SEC also oversees other key participants in the securities world, including stock exchanges, broker-dealers, investment advisors, mutual funds, and public utility holding companies...
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