In: Accounting
Ethics Questions-(Ethics discussion follows textbook Illustration 1-3 ) (1)Why is it important to the economy and the stock market that investors and the general public be able to have confidence in the reliability of financial statements and earnings reports and the ethical behavior of accountants? (2)What was the purpose of the Sarbanes Oxley Act? (3) What are the first 3 financial statements prepared from the Trial Balance/Adjusted Trial balance, and what does each of these financial statements show?