Posts Tagged: conglomerate

General Electric on Notice by the SEC action

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Financial Accounting, Intermediate Accounting, Managerial Accounting, Uncategorized, Video Updates.

According to the Washington Post and the regulatory filing, the Securities and Exchange Commission warned General Electric that it faces legal action in connection with its troubled insurance business. Questions: What is a Wells notice that the SEC issued to GE? What is the reason for the notice to GE, specifically? What will happen next… Read more »