Reference no: EM131335852
Assignment: Accounting Quality
Based on the requirements of the Sarbanes-Oxley Act and SEC reporting requirements for publically traded companies,
Write a five page paper in which you:
1. Assess the roles of the Board of Directors and Chief Executive Officer of a public company for establishing an ethical environment that generates quality accounting and reliable financial reporting for use by shareholders and investors. Provide support for your assessment.
2. Recommend a strategy for a CEO to implement, leading to an ethical environment that leads to high-quality accounting, reporting, and forecasting. Provide support for your recommendation.
3. Suggest how corporate management can provide assurances to investors that the performance forecast and expected earnings will be realized, minimizing the volatility of the stock price. Provide support for your suggestions.
4. Evaluate the consequences to a publically traded company when there is a lack of quality within financial accounting and reporting, indicating how these consequences may be minimized. Provide support for your answer.
5. Assess the requirements of the Sarbanes-Oxley Act related to accounting quality, indicating whether or not you believe the requirements are sufficient to protect stockholders and potential investors. Provide support for your position.
6. Use at least seven quality academic resources in this assignment. Note: Wikipedia and other Websites do not quality as academic resources.
Your assignment must follow these formatting requirements:
• Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
• Include a cover page containing the title of the assignment, the student's name, the professor's name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
The specific course learning outcomes associated with this assignment are:
• Understand the reporting of the Securities and Exchange Commission (SEC) and Sarbanes-Oxley requirements for publically traded companies.
• Evaluate the quality of accounting information for an organization, including the economic content and earnings sustainability.
• Use technology and information resources to research issues in financial analysis and reporting.
• Write clearly and concisely about financial analysis and reporting using proper writing mechanics.
|
Describe how you would demonstrate developmental
: Compare and contrast two ethical decision-making models. To aid in selection, first review: pages 14-17 of the Ethical, Legal, and Professional Issues in Counseling textbook and the readings included in the course from this unit. You can also choo..
|
|
Businesses and describe the types of technology
: Identify the technology used in businesses and describe the types of technology used to support general business functions. Discuss challenges presented to management due to managing existing technology. How does technology impact the sales, mark..
|
|
Process of making a product or service
: Companies try to forge a marketing channel, a set of interdependent organizations involved in the process of making a product or service available for use or consumption by the consumer or business user.
|
|
What price should you charge women
: You are the owner of a nail salon. Your female customer's price elasticity of demand for manicures is -2.5; your male customer's price elasticity of demand for manicures is -1.2. The marginal cost of manicuring a customer's nails is $12.
|
|
Recommend a strategy for a ceo to implement
: Recommend a strategy for a CEO to implement, leading to an ethical environment that leads to high-quality accounting, reporting, and forecasting. Provide support for your recommendation.
|
|
Political structure of your country
: For clarification, the "governance structure" relates to the relationship between a company's owners, its shareholders, and its managers, and any other legal aspects related to incorporation in a particular country. This is not asking you to disc..
|
|
Do citizen journalists do this type of research
: Do citizen journalists do this type of research? Do citizen journalists seek answer or do they seek to prove points of view? Give examples.
|
|
Describe the effect that obesity has had on you personally
: Obesity in America is considered an epidemic. There are many contributing factors to obesity (both childhood and adult), such as biological, environmental, social, or economic factors. Review the information on obesity on pages 419 to 421 in the t..
|
|
Before applying the strategic models below
: For this assignment, review the organization and the industry before applying the strategic models below to Ford Motor Company. You will need at least five current, scholarly or professional resources to complete this assignment. Follow these step..
|