Financial regulation

With the steady change in standards and regulations, this can moderately have an impact in all organizations. The bookkeeping embarrassments in the 21st century, for instance, has driven the "Securities and Exchange Commission in the United States" to be more engaged in corporate consistence. The…

Article 3 of the California Accountancy Regulation permits a CPA licensed in a state other than California to perform public accountancy services in California. A CPA licensed in a state other than California would require approval from the California Board of Accountancy (CBA) to perform public accountancy services in California if (1) they have been formally declared guilty of a criminal offense, (2) they have been punished in a professional capacity, (3) they have pending charges of…

Interview: Welfare Regulation When I asked my mother, Deann Bodkin, about a contemporary issue that she had a strong opinion of, she was unable to answer right away. Not being an opinionated person, she had to spend some time reflecting on her values. She realized that she had an opinion on welfare in the United States and was 'for' the regulation of welfare. My mother held a strong belief that even though not all people on welfare abuse the government assistance that they are granted, many…

In this report the role of the government in pharmaceutical regulation will be explored. Examples of how the government regulates the pharmaceutical industry will be presented; furthermore, each event will be analysed to determine whether the regulation was from a public or private interest theory perspective. In the end the goal is to reveal the dominant theory of regulation in the industry and which theory better predicts the outcome of events presented. The government’s role in the…

global economy, they must be subject to certain regulations and standards. The amount of exposure the global economy has to capital markets makes some regulation and oversight necessary. Retail investors lean upon the capital markets and do not always have the ability or flexibility necessary to recover from the crises that appear from systemic risk. The financial crisis impacted investors all over the world and is an example of why some regulation is necessary. However, there comes a point…

For many years there have been many arguments and investigations for the necessity of accounting regulations. Since the disclosure system, financial reporting and accounting practices, of this country, has shown serious signs of failing to keep up with the needs of individuals, business, investors and the economy in general. Many people have argued against the accounting regulations; however, I believed that accounting should be regulated for the numerous advantages that it can create. First I…

As I read through the laws that govern the securities industry, I asked myself the question of “ Why do we regulate the financial systems? Besides the basic understanding of having laws to better the efficiency of the investment and banking industry, why must we have laws and ethics that lay out the information of what is good and what is bad in the world of money, shouldn’t it already be known? In class we mentioned the issue with Goldman Sachs, ENRON, and some others companies who disobeyed…

Project management literature is a broad expansion of knowledge that ranges from practical to theoretical exploration and analysis. On the surface, it has variable dimensions of knowledge and skill, but can be implicit on a profound level through the viewing lenses of other forums of management theories. One such theory that we will view project management through is institutional theory and its uses within this field. “… [I]nstitutional issues are important to the long-term performance of…

rescinding of excessive government regulation to improve the economic efficiency(Patterson,2013,p.387). Many years prior to the legislation of 1995 an effort to began to deregulate of some industries such as when Congress in 1977 passed the “The Airline Deregulation Act” , which allowed the airlines to set their own ticket prices rather than having them set by a government agency and eliminate service to smaller cities as previously required per the federal regulation. These changes were…

call for a regulator that would cease the failure of its predecessors. However, IPSO does not have an intention of being recognised as a press regulator under Royal Charter (Goodman, 2016). Goodman (2016) argues that IPSO does not support statutory regulation and considers it to be a threat to a free press. Therefore, by ignoring some of the key Leveson’s suggestions, it causes some critics to consider whether its structure and functioning are fully independent of the influence of the media…