ACCT 3040 - Securities and Exchange Commission (SEC) Regulations and Reporting

Goals: Upon completion of this course, a student should be able to:

Explain the origin and structure of the SEC and its role in standard setting
Describe the SEC’s Integrated Disclosure System, including Regulation S-X and S-K
Discuss the Securities Act of 1933 and the Securities Exchange Act of 1934
Discuss the process of taking a company public, including preparation and filing of a registration statement
Describe the basic filings under the 1934 Act and requirements of shareholder communications

Content: The course presents a history of the federal securities laws in the U.S., including the the Securities Act of 1933, the Securities Exchange Act of 1934, the Sarbanes-Oxley Act of 2002, the origin of Regulations S-X and S-K, and the development of MD&A. It allows students to place corporate governance, financial reporting, Securities and Exchange Commission (SEC) rules and regulations and Public Company Accounting Oversight (PCAOB) standards into a coherent context and framework.

Prerequisite: ACCT 3010 with a grade of C- or better

Credits: 4