To demo whether the fiscal statements are complete. sensible. and prepared in a mode consistent with by and large accepted accounting rules ( GAAP ) at a set clip. What is the name of regulations and ordinances used to fix fiscal statements? By and large accepted accounting rules ( GAAP ) Name two other primary fiscal information beginnings. SEC Form 10-K & A ; unaudited SEC Form 10-Q What type of information is provided in the statement of net incomes? A fiscal statement that reports the consequences of a company’s concern operations for a set period. What type of information is provided in the statement of fiscal place? A company’s assets. liabilities and stockholders’ equity at a set day of the month What type of information is provided in the statement of hard currency flows? The flow of hard currency in and out. runing activities. puting activities and funding activities of the company. Briefly explain the intent of Public Company Accounting Oversight Board ( PCAOB ) .

To supervise hearers of public companies in order to protect the involvements of U. S. investors and foster the public involvement in the readying of enlightening. carnival. and independent audit studies Under the new regulations of the Sarbanes-Oxley Act of 2002. to whom does an hearer study? Securities and Exchange Commission What caused the new regulation to be created? A batch of extremely publicized concern failures. allegations of corporate impropernesss and fiscal statement restatements. Under the new regulations of the Sarbanes-Oxley Act of 2002. name eight types of services that are “unlawful” if provided to a publically held company by its hearer. 1. clerking or other services related to the accounting records or fiscal statements of the audit client 2. fiscal information systems design and execution 3. assessment or rating services. fairness sentiments. or contribution-in-kind studies 4. actuarial services 5. internal audit outsourcing services 6. direction maps or human resources

7. agent or trader. investing advisor. or investmentbanking services 8. legal services and adept services unrelated to the audit What is the mission of SEC? To protect investors. keep just. orderly. and efficient markets. and facilitate capital formation How many commissioners does SEC hold and who appoints them? Five presidentially-appointed Commissioners How many divisions and offices does SEC hold? Four divisions & A ; 19 offices Briefly explain the Securities Act of 1933 and the Securities Exchange Act of 1934. The Securities Act of 1933 requires that investors receive fiscal and other important information refering securities being offered for public sale ; and forbid fraudulence. deceits. and other fraud in the sale of securities. The Securities Exchange Act of 1934 empowers the SEC with wide authorization over all facets of the securities industry.

Mentions:
hypertext transfer protocol: //www. lake herring. com/web/about/ac49/ac20/ac19/ar2008/index. html hypertext transfer protocol: //finance. yokel. com/q? s=CSCO
What is the reference of CISCO’s web site?
Cisco’s web site is www. lake herring. com.
When was the 2008 one-year shareholders’ meeting?



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