List one use of additional capital. Explain the benefit in one paragraph. Many changes in reporting standards have been...

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Finance

List one use of additional capital.Explain the benefit in one paragraph.

Many changes in reporting standards have been enactedas a result of financial scandals. Identify one specific change inreporting standards or requirements and explain why this isimportant. Identify the change by the title of theact or section number.
NOTE: The Sarbanes-Oxley Act is the most frequentlymentioned changed. It contains many individual provisions. Break itdown to one provision that has not been mentioned by a classmate.There are a number of more recent changes to select from aswell.

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a List the use of additional capital Explain the benefit in one paragraph sol Capital Addition is nothing but the cost involved in improving existing asset or adding new asset within the business It may be in the form of adding new features or parts that are expected to increase the expected and useful life of the asset or simply adding new asset in increase productivity and capacity kindly note that repairs of the asset or the capital will be considered as merely maintenance but not capital addition Capital addition enlarges a company or firms fixed asset base whereas any other expenditure would be considered as maintenance expense and would be charged that way on balance sheet Although Capital See Answer

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List one use of additional capital.Explain the benefit in one paragraph.Many changes in reporting standards have been enactedas a result of financial scandals. Identify one specific change inreporting standards or requirements and explain why this isimportant. Identify the change by the title of theact or section number. NOTE: The Sarbanes-Oxley Act is the most frequentlymentioned changed. It contains many individual provisions. Break itdown to one provision that has not been mentioned by a classmate.There are a number of more recent changes to select from aswell.