Why is it important to Canadian auditors to understand the rules of the Security and
Exchange Commission?
A)Many Canadian companies are finding it cheaper to raise money on U.S.stock exchanges.
B)Canadian investors think these rules apply to Canadian companies.
C)The Free Trade Act requires Canadian companies to follow U.S.rules.
D)There is no similar body in Canada regulating the stock markets.

Question

Quizplus · Accepted Answer

Many Canadian companies list on U.S. stock exchanges to access capital, requiring compliance with SEC rules.

Why Is It Important to Canadian Auditors to Understand the Rules