In not more than 500 words summarize the key points identified by the SEC and how these would empower investors and citizens (not to mention students) in understanding accounting and financial reporting, including the usefulness of footnotes, the MD&A, and financial statement ratios and calculations.
USE THIS WEBSITE FOR THE PAPER:
https://www.sec.gov/reportspubs/investor-publications/investorpubsbegfinstmtguidehtm.html