Explain the role of ethics in the regulatory environment

Assignment Help Accounting Basics
Reference no: EM131213141

Accounting & The Regulatory Environment

In the wake of the accounting and finance scandals of the early 2000s, the regulatory environment for businesses changed dramatically to create more accountability and transparency. Agencies like the Securities and Exchange Commission (SEC) and the Public Company Accounting Oversight Board (PCAOB) play a greater role in enforcing and auditing companies for compliance to regulations such as the Sarbanes-Oxley Act of 2002.

Select an accounting regulatory or standards agency (e.g. PCAOB, IASB, etc.)

Select a public company that you either currently work for, have worked for in the past, or one with which you are familiar.

Create a 1,050-word analysis of the regulatory environment:

• Identify one or more regulations that would apply to your selected company.
• Discuss the ways that compliance with the regulations is beneficial to the company, industry, and consumers.
• Examine how the agency you selected and your selected company work together.
• Explain the role of ethics in the regulatory environment.
• Discuss the ways in which the regulatory environment would directly affect your role in the company in either your current role or your desired career with the organization.

Format your assignment consistent with APA guidelines.

Reference no: EM131213141

Questions Cloud

Review of what the academic and professional literature : Provide a brief literature review of what the academic and professional literature (the professional literature can include professional magazines and quality web sites) says about the current and potential usefulness of IFRS for sustainable repor..
Find the longitudinal and transverse components : Find the longitudinal and transverse components of the magnetic field intensity.
Relationship between the police and the anonymous community : What activities could police engage in to better understand the Anonymous Community and to encourage the involvement of the Anonymous Community members in community policing strategies?
Face report summaries : Pick two FACE reports and do the following in a maximum of 2 pages per report (i.e total of 4 pages for both reports; note: do NOT pick the FACE reports covered in class):
Explain the role of ethics in the regulatory environment : Explain the role of ethics in the regulatory environment. Discuss the ways in which the regulatory environment would directly affect your role in the company in either your current role or your desired career with organization.
Calculate the lowest frequency that will propagate : Discontinuities in rectangular waveguide. A very long rectangular waveguide is filled with two materials as shown in Figure 17.30. A TM wave propagates in the waveguide.
Understand the factor associated with high performing team : 1. Differentiate among the different types of team and take group and their uses in health care organizational. 2. Understand the factor associated with high performing team
Compute the cost of the components in the capital structure : Compute the cost of the components in the capital structure. Compute the weighted average cost of capital (WACC). Discuss the marginal cost of capital for this firm (no calculations needed).
Are a waste of time and taxpayer dollars : List and describe different alternatives to incarceration and their effectiveness. Which one's do you like and which one's do you think, if any, are a waste of time and taxpayer's dollars?

Reviews

Write a Review

 

Accounting Basics Questions & Answers

  Invoice is paid within discount period

Based on the following information, what would be recorded as the purchase discount if the invoice is paid within the discount period?

  Molina medical supply company is trying to decide whether

molina medical supply company is trying to decide whether or not to continue distributing hospital supplies. the

  Jordan gonzalez is considering an investment in a

jordan gonzalez is considering an investment in a warehouse costing 340000. the projected annual income is 110000 for

  Adjusted trial balance for the blueboy cheese corporation

1.The December 31, 2013, adjusted trial balance for the Blueboy Cheese Corporation is presented below.

  Entry to record the sale of the stock

Blaine Company had these transactions pertaining to stock investments: Feb. 1 Purchased 2,000 shares of Norton Company (10%) for $51,000. June 1 Received cash dividends of $2 per share on Horton stock. Oct. 1 Sold 1,200 shares of Horton stock for ..

  Providing audit documentation

To which group can a CPA provide audit documentation without being subpoenaed and without the client's consent?

  Ripken companys ending inventory includes the following

ripken companys ending inventory includes the following items. per unit product unitscostmarket helmets 22

  What is the saving in materials usage cost

Drayton Company manufactures equipment used by construction companies. It currently produces a product with 30 parts, but redesign has reduced the number of parts to 9.

  Record the acquisition of the land and the building

The building was completed on November 2, 2013, at a cost of $6,000,000. Xilon paid $4,000,000 in cash and the remainder was paid by the city of Monrovia.

  Identify the activities in the doctor office

Identify the activities in the doctor's office that fall into process time, inspection time, move time, wait time, and storage time.

  How should the decline affect net income

What journal entries should LED record to account for the decline in market value in the current period? How should the decline affect net income and comprehensive income?

  What are the potential obstacles of your team

How would you ensure each individual felt like a vital member of the team? Summarize the steps you would take to build trust in leading this team.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd