-the SEC requires listed firms to use GAAP on 1938 1970 1930 d 1934
Q: Transation
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Q: explain the five corporate governance guidelines issues by the capital market authority
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- Describe the specific calculations of EPS that U.S. GAAP requires that public companies report.The SEC requires a publicly traded company to disclose in its financial statements (Form 10-K) any material economic risk related to the following environmental issue:Give 5 functions of the Securities Commission under section 15 of the SecuritiesCommission Act (SCA) 1993.
- Define each of the following terms:d. Securities and Exchange Commission (SEC); registration statement; shelfregistration; margin requirement; insiders20. Under PFRS9, investment in equity securities not held for trading are classified as: * a. FVPL b. Either FVPL or FVOCI, depending on the entity’s business model c. FVOCI, if the entity opted to carry as FVOCI, otherwise, carried as d. FVPL FVOCI15- Under which of the following markets short term government securities are traded? a. Bond Market b. Money Market c. Stock Market d. Capital Market
- Publicly-traded companies, domiciled in the United States, must adhere to standards, rules, regulations and laws issued by _____. A. The FASB B. Each of these regulatory bodies C. The IRS D. The SEC(Students should visit the SEC website, www.sec.gov, for supplemental resources.) What does the Securities Exchange Act of 1934 cover?(Students should visit the SEC website, www.sec.gov, for supplemental resources.) Why were federal securities laws originally enacted by Congress?
- Which of the following best describes the extent to which the SEC requires or permits the use of IFRS by U.S. public companies?a. U.S. public companies are required to use IFRS.b. U.S. public companies may choose between IFRS and U.S. GAAP.c. U.S. public companies may use IFRS, but must also provide a reconciliation to U.S. GAAP.d. U.S. public companies are neither required nor allowed to use IFRS.What are some SEC regulations regarding sales of new securities?18. n accordance with PFRS 9, an entity may reclassify Group of answer choices Financial assets designated at FVTPL Derivatives Investments in equity instruments designated at FVTOCI None of these