Explain the impact on affected stakeholders

Assignment Help Accounting Basics
Reference no: EM131389412

Accounting Assignment

Make it 8 pages

cover page not required

choose one case and describe about it and answers all of the questions

https://www.sec.gov/litigation/complaints/2006/comp19740.pdf

And the action items are:

*Action Items*

1. Identify three organizations from the past five years that have had fraud related problems (e.g., fraudulent financial statements, violation of laws, indictment or conviction of employees committing fraudulent acts, etc.). Be sure to select three organizations that have enough information available to complete an effective research analysis.

2. E-mail your professor your selections by the end of Week 4. Be sure to include a one paragraph description of the fraud related problem(s) associated with each organization. Your professor will then notify you which of the three organizations to use in completing your research paper.

3. Research your organization with the goal of addressing all of the following:

1. First of all, need deep introduction about the case.

2. Identify and explain the fraud issue.

3. Identify the individuals involved in the fraudulent act(s), explain their role, and explain how they were able to commit the fraud (i.e., what factors were not present in the organization that allowed them to commit the fraud).

4. Identify and explain the laws, rules, ethics that were violated by the fraudster(s) (e.g., Sarbanes-Oxley Act of 2002, Financial Accounting Standards Board pronouncements, Public Company Accounting Oversight Board pronouncements, American Institute of Certified Public Accountants pronouncements, Securities and Exchange Commission pronouncements, etc.).

5. Explain the impact on affected stakeholders (e.g., stockholders, employees, creditors, suppliers, customers, etc.).

6. Identify what measures could have been taken to prevent the fraud committed or detect it earlier.

2. Write an 8-10 page, double-spaced paper addressing the items in Action Item 3. above. Be sure to follow proper APA formatting in all your citations.

3. If there is any auditor or auditor committee involve describe their names, what they do, how they figure out fraud etc.

4. Attach a reference page to your paper using proper APA format listing the authoritative resources you utilized.

Reference no: EM131389412

Questions Cloud

Explain whether rosenberg is liable on the contract : Costas claimed that Rosenberg signed for an undisclosed principal and, therefore, was individually liable. Explain whether Rosenberg is liable on the contract.
Did gm take the most ethical approach : Research the developments in this technology and see if GM approached the introduction of this technology in the same way that GE approached the introduction of the sealed beam headlight. Did GM take the most ethical approach?
Explain should she be able to recover from dr murray : Virginia Hulbert sued Dr. Murray under the doctrine of respondeat superior, alleging that the nanny was acting within the scope of her employment when the automobile accident occurred. Should she be able to recover from Dr. Murray? Explain.
Articulate a human resource function or process : Articulate a human resource function or process within the selected global organization.Analyze the influences the selected HR function or process has on achieving the organization's strategy. Does the function or process align with the organizati..
Explain the impact on affected stakeholders : Explain the impact on affected stakeholders (e.g., stockholders, employees, creditors, suppliers, customers, etc.). Identify what measures could have been taken to prevent the fraud committed or detect it earlier.
Calculate maximum bending stresses in the steel and timber : calculate the maximum bending stresses in the steel and timber
What legal tests could be employed to determine : Gary, an estate planner, works on a contract basis for our clients at "State of Estates". On occasion, we contract Gary to handle a specific client for a specific estate planning job. Per our contract with Gary for these specific clients, he is p..
Explain should dr zukaitis recover : Dr. Zukaitis then secured his own attorney to defend against the malpractice claim and brought an action against Aetna to recover attorneys' fees and other expenses incurred in the defense. Should Dr. Zukaitis recover? Explain.
Against whom may redi floors recover on outstanding invoices : Believing Sonenberg owned the complex, Redi-Floors did not learn of the true owner's identity until after the work had been completed when a dispute arose concerning the payment of some of its later invoices. Against whom may Redi-Floors recover o..

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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