Go to the SEC web site at Attp://www.sec.gov. a. Access the information for accountant folder, and then

Question:

Go to the SEC web site at Attp://www.sec.gov.

a. Access the “information for accountant” folder, and then go to the financial reporting information center. Determine how many accounting and auditing releases were issued in the current year.

b. SFAS No.115 establishes the accounting standard for investment securities.

Search the relevant accounting interpretation and guidance for SFAS No. 115.

What conflicts did the SEC resolve under SFAS No. 115?

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