ACCOUNTING RESEARCH.
This article presents a discussion on the current and future research plans of participants about their organization. Author discusses the Securities and Exchange Commission's interest in the research that is being done in accounting and the extent of participation in it. The Commission's interest in accounting principles and their application, auditing standards, and financial reporting needs no elaboration as effective administration of the Securities Acts demands attention to these subjects. In working at the Commission author encounter various degrees of competence in accounting as in other professional work. Registrants and professional experts look to our prescribed forms and regulations for guidance. The Commission's report form for brokers and dealers is in the form of a financial questionnaire and conforms to the requirements of the New York Stock Exchange. Except for a revision in the minimum audit requirements applicable to monthly investment plans, this form has not been changed since 1942. Any revision of this form requires collaboration with special committees of the American Institute of Certified Public Accountants and representatives of the New York Stock Exchange.
- DOI
- 10.2308/tar-7095774
- Volume
- 36 (1)
- Pages
- 17-20
- Language
- en
- Export
- BibTeX
- Sources
- openalex crossref