“The mission of the U.S. Securities and Exchange Commission (SEC) is to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation” (U.S. Securities and Exchange Commission, 2009). The SEC is responsible for ensuring a sound market, which in turn helps promote a thriving economy. A sound market and thriving economy are just two elements that comprise America’s common interests.
Identify and select a firm that has been involved in an investigation of its accounting practices by the SEC.
Discuss the quality issues in the case involving the firm you chose and how those issues relate to the Course Readings