Material change will affect forthcoming financial results

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Reference no: EM131844240

The SEC is trying to get companies to notify the investment community more quickly when a 'material change' will affect their forthcoming financial results. First, provide an example of a company that has reported a 'material change' in their financial results. Discuss in what sense might a financial manager be seen as more ethical if he or she follows this directive and issues a press release indicating an event that may impact previously anticipated data. Defend your position.

Reference no: EM131844240

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