Question
List one use of additional capital. Explain the benefit in one paragraph. Many changes in reporting standards have been enacted as a result of financial
Listoneuse of additional capital. Explain the benefit in one paragraph.
Many changes in reporting standards have been enacted as a result of financial scandals. Identify one specific change in reporting standards or requirements and explain why this is important. Identify the change by thetitle of the act or section number.
NOTE: The Sarbanes-Oxley Act is the most frequently mentioned changed. It contains many individual provisions. Break it down to one provision that has not been mentioned by a classmate. There are a number of more recent changes to select from as well.
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