Present reasons for or against a topic in persuasive fashion

Assignment Help Accounting Basics
Reference no: EM131620995

Discussion - Why Weren't the Misstatements of Enron and WorldCom Caught?

Address the following question:

Now that you have been working on the accounting equation and the balance sheet for a few days, it seems to be pretty straight forward, right? No great mysteries here. So if everything is so straight forward, if we have principles such as GAAP and other guidance ... why weren't the misstatements of Enron and WorldCom caught?

Your initial post should address the main question.

Then you must respond to a minimum of two posts of your fellow students.

• Provide additional information to the discussion that would be informative;
• Elaborate and expand on previous comments from others;
• Present explanations of concepts or methods to help fellow students;
• Present reasons for or against a topic in a persuasive fashion;
• Share yourown experiences that relate to the topic;
• Share a URL website with other students as an explanation for an area you researched on the Internet.

1. 1page
2. Well Written
3. APA 6th addition rules

REFERENCE:

Text: Financial Accounting: Tools for Business Decision Making
Author: Kimmel, Weygandt, Kieso
Publisher: Wiley
Ed/Year: 7th/2013
ISBN-13 (hard cover): 978-1118162286
ISBN (e-text): 978-1118562178.

Reference no: EM131620995

Questions Cloud

Describe your overall experience of the study : Describe your overall experience of the study. Was it interesting? Was it easy to complete? Were you surprised by the questions asked in the study?
Volatility is zero in the black-scholes-merton model : What happens when the volatility is zero in the Black-Scholes-Merton model?
Discuss the difference between a felony and a misdemeanor : What is the difference between a felony and a misdemeanor
Detection and regulation in the body and brain : Answer the following questions in short notes:Endotherms vs. ectotherms,Thirst, detection and regulation in the body and brain etc.
Present reasons for or against a topic in persuasive fashion : Present explanations of concepts or methods to help fellow students; Present reasons for or against a topic in a persuasive fashion;
Mortgages are pooled together into pass-through security : One hundred identical mortgages are pooled together into a pass-through security.
Discuss the fundamental first amendment right to free speech : How do we balance the fundamental First Amendment right to free speech with the need to properly administer the election process
Discuss advantages for a business to have a checking account : Explain why you would not want to use a deposit ticket that had someone else's name printed on it to make a deposit for your account even if you cross out.
Enter the beginning balances in the ledger accounts : Using T-accounts, enter the beginning balances in the ledger accounts and post the February transactions

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