Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello

تمرين 26

Improving the Statement of Cash Flows

The Securities and Exchange Commission (SEC) is an important governmental organization that exists primarily for the protection of the interests of investors in die U.S.ecurities markets.he SEC provides a wealth of information through its Web site, www.sec.uov.Instructions
a.ccess the SEC's Web site at the above address.enerally review the site to become familiar with the types of information provided.
b.nter the section of the Web site identified as "About the SEC," then proceed to the section on "Commissioners." Within that section, maneuver around until you are able to access speeches made by the SEC and its staff.
c.ocate the following speech given by Scott A.aub, former Deputy Chief Accountant, Office of the Chief Accountant of the SEC, in the second quarter of 2004: "Remarks at the University of Southern California, Leventhal School of Accounting, SEC and Financial Reporting Conference."
d.eruse that entire speech, and then read carefully Mr.aub's conclusion.rite a paragraph that captures what Mr.aub had to say about how financial reporting could be improved in general, and how he specifically believes the statement of cash flows could be improved.