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The Securities and Exchange Commission (SEC) regulates public companies. The SEC has found that some of these companies have violated GAAP by using creative accounting practices to mislead investors and creditors regarding the health of their company.
Use the Internet to research a recent accounting scandal within the last five (5) years where the SEC accused public companies of accounting irregularities.Write a three to four (3-4) page paper in which you:
Your assignment must follow these formatting requirements:
1. identify and discuss the controls for the sales and for the cash receipts. 2. identify and discuss some possible
On the problems you just completed for me, how did you come up with the cost price to the retailer of $7.11? I understand the profit margin is 40% so wouldn't that mean that 9.95*.60=5.97 would be the cost to retailer?
1. record the inventory purchases and cost of merchandise sold data in a perpetual inventory record similar to the one
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Assume Kirsten Corporation has no alternative use for the facilities presently devoted to production of the B345 gaskets. If the outside supplier offers to sell the gaskets
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develop common size financial statements for the 3 companies for the most recent 3-years available. calculate financial
rhonda owns 50 of the stock of peach corporation. she and the other 50 shareholder rachel have decided that additional
the following information is available for queen company which has an accounting year-end on december 31 2011.1. a
radovilsky manufacturing company in hayward california makes flashing lights for toys. the company operates its
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