SEC REQUIREMENTS

A friend of yours works at a large corporation and listens to the stock reports regularly. Your friend asks you, "I always hear about the SEC, but I don't really know what it does or what it regulates. Can you explain it to me?"

Explain to your friend the following:

What are companies registered with the Securities & Exchange Commission (SEC) required to include with their financial reports?
What are SEC financials required to adhere to?
What additional information is required of SEC registrants that is not required of nonregistrants?
After visiting the SEC's Web site (www.sec.gov) and reviewing a few financial statements submitted by an SEC registrant, list the types of information you found that are required of registrants by the SEC.
In your own words, please post a response to the Discussion Board and comment on at least 1 other posting. You will be graded on the quality of your postings.

The following grading criteria will apply to this assignment:

Grading Criteria

What are companies registered with the Securities & Exchange Commission (SEC) required to include with their financial reports?

20%

What are SEC financials required to adhere to be compliant?

20%

What additional information is required of SEC registrants that is not required of nonregistrants?

15%

After visiting the SEC's Web site (www.sec.gov) and reviewing a few financial statements submitted by an SEC registrant, list the types of information you found that are required of registrants by the SEC.

15%

Comment on at least one other posting.

15%

Good format, grammar and APA.

15%

TOTAL

100%

For assistance with your assignment, please use your text, Web resources, and all course materials.

Unit Materials

Unit 3