( Discussion question)
- Based on your study and analysis of the financial reporting requirements for companies listed on a public stock exchange as outlined in the Sarbanes-Oxley Act (see Student Guide to the Sarbanes-Oxley Act):
- Evaluate the adequacy of the financial reports and disclosures. In your assessment, assume the perspective of at least two different financial stakeholders.
- Explain how the financial reporting requirements benefit the specific stakeholders and identify any gaps or opportunities to improve the integrity of external financial reporting.