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Select an actual case of accounting-related corporate scandal or failure involving either one of the following organisation: a company, a government organisation or a non-profit organisation.
(a) Outline the facts of case, clearly describing
(i) an overview of the case;
(ii) unethical business practices or financial irregularities; and
(iii) motivation and circumstances leading to such unethical conduct
(b) Employ the stakeholder analysis to analyse the case. Discuss the impact on the respective stakeholders’ interests and strategies to address their demands.
(c) Discuss the need for corporate ethical guidelines. Explain how corporate governance and ethics play a crucial role in preventing a recurrence of such ethics violation.
At the beginning of the year, Addison Company's assets are $212,000 and its equity is $159,000. During the year, assets increase $80,000 and liabilities increase $58,000. What is the equity at the end of the year?
What are at least 5 considerations you will need to take into account when you make a make-decision versus a buy decision at some point in the future? Explain at least 5 reasons why these risk are important to consider.
central station fund. the town of elizabeth operates the old train station as an enterprise fund. the train station
at the beginning of the current period griffey corp. had balances in accounts receivable of 232200 and in allowance for
Prepare one journal entry to record the actual fixed overhead cost and the amount applied to production. Include all of the fixed overhead variances in one journal entry (standard costing system).
the cfo of pqr inc. was advised by his creditmanager to give better credit terms to new customers to inducesales. the
What is the break-even point (BEP) and why is it important? What is the Contribution Margin (CM) and why is it important?
You own Widgets ‘R Us and are preparing your year-end financial statements: What inventory accounting method do you use and why (FIFO, LIFO, or Weighted-Average)? What are its advantages and disadvantages?
acme corporation reported the following items in its december31 2007 financial statementscapital lease obligations 10
Hercules Exercising Equipment Co. purchased a computerised measuring device two years ago for $60,000. The equipment has been depreciated on a straight-line basis over a six year useful life and can currently be sold for $23,800.
express dining inc. edi is a food delivery service which connects consumers with several restaurants. customers call
deana hired eric to work with her as co-counsel on criminal cases. he received fifty 50 percent of the fee on those
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