Name the departments, offices, or agencies that were created by the Dodd–Frank legislation.

Q: Discuss three ways of resolving the agency problem in public companies.

A: The agency problem alludes to an irreconcilable circumstance or conflict of interest between the…

Q: What the main functions of the Commerce Commission? Please explain and illustrate each function.

A: Commerce commission is the agency of government with the responsibility for imposing legislation…

Q: Name some of the governments’ regulatory bodies and discuss their role in disclosure.

A: Some government regulatory bodies are: Australian Securities and Investments Commission(ASIC):…

Q: Discuss the federal government’s contracting programs.

A: Introduction: Contractors are allowed under federal government contracts to set aside certain…

Q: Do government entities account for inventories the same as regular business entities? Why? **simple,…

A: A company's inventory involves three stages of production : Raw materials, work-in-progress goods…

Q: V5. Describes required reporting for governmental and non-governmental non-profit entities

A: Informational reports provide data, facts, remarks, and other types of information without analysis…

Q: Rank the following sources of authority in order of authoritative value (with 1 being the…

A: Authority Authoritative value Internal Revenue Code 1 Final Treasury regulation 2 Revenue…

Q: ights reserved. Match each legislative act with its chief accomplishment. created an income tax to…

A: The Federal Reserve Act, signed into law in 1913, aimed to address financial instability in the…

Q: 44. All are found in the By laws, except: Group of answer choices Rights and obligations of a…

A: Bylaws are the rules and regulations that a company has to follow to run its business. It is a…

Q: expenditure and ho

A: Reasons for India's rising govt expenditures include: (i) Development Programs: The majority of…

Q: Why should accountability for similar transactions be spread across many departments or individuals?

A: This question deals with accountability for similar transactions be spread across many departments…

Q: Under what condition is the modified approach applied by a state or local government?

A: Accrual basis of accounting: Accrual basis of accounting refers to recognizing the expenses and…

Q: List the four parts of the Code of Professional Conduct, and state thepurpose of each.

A: Auditing:   Auditing refers to an independent examination of financial information of any…

Q: Can you explain and give examples of the key state assets that fall in the federal government…

A: Answer:-  Stewardship of state resources meaning:- The term "stewardship of state resources" refers…

Q: Discuss briefly why fiscal responsibility shall to the greatest extent be shared by all those…

A: The answer is stated below:

Q: ical Advice Memoranda B. Private Letter Rulings C. Field Service Advice  C. All of the a

A: A private letter ruling refers to a scripted form of document formulated by the IRS to help the…

Q: How does the Dodd Frank bill differ from other bills? Which areas were encompassed in this bill? Do…

A: In simple terms, , Dodd frank is a law that places major regulations on the financial industry,…

Q: In not more than five (5) sentences, explain the government's objective in implementing the Unified…

A: Unified Accounts Code Structure (UACS): The Unified Accounts Code System (UACS) is a unified…

Q: In what way Corporate governance is being applied in a government agency?

A: The corporate governance of the government authorities, through the provision of public services,…

Q: Explain the makeup of a primary government and its relationship to component units and related…

A: The government uses a different way to report their financial statements than the private sector…

Q: Please research and view the complete Treasury Department Circular 230 and discuss the following:…

A: The concept referred to in the above question is the Treasury Department Circular 230, which is a…

Q: (Students should visit the SEC website, www.sec.gov, for supplemental resources.) What is…

A: The term incorporation by reference is explained as follows:

Q: True or False. Most administrative agencies are part of the Executive Branch of government.

A: Administrative agencies are basically formed by the Federal Constitution. Besides this, the U.S.…

Q: The GIFMIS interfaces with a number of systems and sub-systems. A number of these systems and…

A: E-Monitor (Non-Tax Revenue-MoF) Non-Tax Revenue is that the revenant financial gain attained by the…

Q: Authoritative GAAP for state and local governments is divided into two categories with the first…

A: GAAP:   It stands for Generally Accepted Accounting Principles. They are established guidelines to…

Q: (Students should visit the SEC website, www.sec.gov, for supplemental resources.) What is covered by…

A: Securities Exchange Commission (SEC): This is the government agency governs the working of financial…

Q: Discuss various other government departments and their functions in cbsa/cfia

A: The CBSA is a Canadian federal agency responsible for federal law agency that is responsible for…

Q: Give at least three (3) lessons that you think are important in following State Law(Legal Law and…

A: State law:   It is a set of laws passed by the state government to maintain order in the state.…

Q: What are the salient features and changes in the Government Accounting Manual? What problems or…

A: Government accounting manual shows and presents the guidelines and basic accounting policies and…

Q: today, most federal regulations are exercises of what authority according to the commerce clause of…

A: Clause 3 of U.S .Constitution authorizes power to  congress to regulate the commerce with several…

Q: Summary of objectives under new government accounting system

A: New Government accounting system: It is a system in the government sector where the transactions are…

Q: 1. How does the GASB define extraordinary and special items? Compare the definitions and recognition…

A: The GASB defines extraordinary and special items as those of FASB that is unusual and infrequent but…

Q: Which of the following is taking into consideration while formulating the recruitment policy?…

A: recruitment policy is identifying the skills and knowledge gaps and analyzing job requirements and…