Assignment Content Competency Evaluate accounting-related legal and ethical business implications.


Competency
Evaluate accounting-related legal and ethical business implications.

Student Success Criteria
View the grading rubric for this deliverable by selecting the “This item is graded with a rubric” link, which is located in the Details & Information pane.

Scenario
During your weekly meeting, the Director of Accounting has shared with you the topics discussed at a recent Association of Certified Fraud Examiners (ACFE) meeting. Of particular interest was the agenda item about how some companies have gotten in regulatory trouble with the SEC over their revenue and expense recognition practices. While you both are confident that there are no issues relating to this at your company, you both decided that you wanted to learn more about these cases.

The Director of Accounting wants you to research two such cases and write a summary report to present at the next Accounting Department meeting. The director believes that understanding what has happened to other companies in this area of accounting can help prevent issues in your company.

The Director provides you with the SEC website that they have used in the past to do article searches: www.sec.gov

Instructions
You are asked to select two recent SEC actions against companies (not individuals) that relate to revenue and expense recognition and Prepare a Word document that:

  1. summarizes reasons for the SEC actions.
  2. identifies the SEC issues related to accounting data and/or operations and the remedial actions assigned and/or penalties given to the company.
  3. critiques the remedial actions/penalties.
  4. Gives an opinion as to whether you believe they will be effective in preventing future violations by the company.

Share This Post

Email
WhatsApp
Facebook
Twitter
LinkedIn
Pinterest
Reddit

Order a Similar Paper and get 15% Discount on your First Order

Related Questions

Discuss one personal strength and one weakness you have regarding

Discuss one personal strength and one weakness you have regarding professional presentations. Name one method for improvement for each of these and discuss why it is important for you to work on these skills if you want to present your findings in a more formal setting. Sustaining change can be

Relevant NPS modules as self-directed

1-find out the activities and use the sample of GP letter.. 2-find out from 5 journal articles relate to her sickness she was diagnosed with early onset probable Alzheimer’s disease 3- check the activities to answer the questions as requested by lecturer as mentioned in Part A and Part C

Please read the case DCS Sanitation Management v. Eloy Castillo

Please read the case DCS Sanitation Management v. Eloy Castillo (and supporting notes), linked in the reference below:DCS Sanitation Management v. Castillo, 435 F.3d 892, (8th Cir. 2006). ATTACHED  Once you have read and reviewed the case scenario, respond to the following questions: Discuss the legal implications for employers and

I. Identify the significant free trade agreements and trade blocs

I. Identify the significant free trade agreements and trade blocs (intergovernmental agreements) of China, Japan, and Timor Leste. II. Review the Trade Statistics section in the globaledge website and describe the trade partners and major export/import goods for each country. Among the trade partners, how would the exchange rate influence

Activity Instructions International terrorism within the U.S. is low compared

Activity Instructions International terrorism within the U.S. is low compared to other countries. Prior to the 1990s much of the terrorist activity spilled over from conflicts in other Western countries. The terrorist environment started to change in the 1990s. For this assignment, select a terrorist or extremist attack that occurred

Death, be not proud (Holy Sonnet 10)

Analyze and interpret your chosen poem. Be sure to discuss its thematic content (the ideas, issues, problems, or questions that it explores) and well as its poetic form (rhythm, rhyme, stanza, prosody, diction, imagery, figurative language, and so forth). Quote frequently from the poem. About 20% of your overall word-count

I need ONLY 1st question done- 2 pages Introduction and

  I need ONLY 1st question done- 2 pages Introduction and number 1 question only- 2 pages.  1. What are the strengths and weaknesses of Zappos with respect to its supply chain? 2. How has the supply chain management function at Zappos evolved? 3. How does it contribute to the firm’s

1. Minimizing bias and decreasing threats to internal validity is

  1. Minimizing bias and decreasing threats to internal validity is  important to experimental designs. Explain how a researcher uses  manipulation, randomization, and control to minimize bias and decrease  threats to internal validity. 2. Many times, researchers state  that randomized control trials (RCT) provide the strongest level of  evidence for an individual study.

Overview As you will learn in this course, the foundations

Overview  As you will learn in this course, the foundations of engineering project leadership are communicating a project vision and applying tools and techniques to ensure the engineering team achieves its vision. An engineering team without a vision and a common goal cannot work effectively as a unified and cohesive

Discuss the Fighting Poverty Podcast (Youtube) and describe how this

Discuss the Fighting Poverty Podcast (Youtube) and describe how this impacts or may impact program evaluation. “We examined how AI and related technologies are being applied to a broad array of challenges in global development—from predicting migration patterns and crop yields, to detecting corruption, estimating poverty, and learning about consumers

Physical exams and health screenings

At least once a year, the media report on a seemingly healthy teenage athlete collapsing during a sports game and dying of heart complications. These incidents continue to outline the importance of physical exams and health screenings for teenagers, especially those who play sports. During these health screenings, examiners check

The project deliverables for this week are as follows: Update

  The project deliverables for this week are as follows: Update the Inventory Process Management Plan document title page with the new date. Update the previously completed sections based on the instructor’s feedback. Week 2: Ordering and Stocking Methodologies Describe the ordering or reacquisition of materials methodology. Describe the organization’s

PURPOSE OF ASSIGNMENT Evaluate an organization’s strategy, environment, and internal

PURPOSE OF ASSIGNMENT Evaluate an organization’s strategy, environment, and internal activities using appropriate analytical frameworks (e.g., industry analysis, VRIO, value chain analysis, corporate-advantage concepts) for the purpose of providing recommendations for how a firm can improve its performance relative to its competitors; Generate viable options to specific strategic decisions (e.g.,