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Unformatted text preview: investments. Some of its responsibilities are to assure only two members to be accountants, past or present, enforcing auditing, quality control and independence standards and rules. It is funded from fees levied on all publicly traded companies and is under the oversight and enforcement authority of the SEC. The prospectus is the first part of a registration statement enclosing financial statements for the company and specifying the use to be made of the money received from the sale of the securities, the capital structure of the company, and a description of the business and its components. So every potential buyer of a new security should have a prospectus....
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This note was uploaded on 01/30/2012 for the course ADVANCED A 4110 taught by Professor Fridel during the Spring '11 term at University of Minnesota Duluth.
- Spring '11