Reference no: EM131178281
Accounting
Discussion
"Forecasting" Please respond to the following:
• Assess the financial performance forecasting process, identifying the assumptions made that are most likely to cause a gap between the forecast and actual performance. Indicate how these gaps may be minimized. Provide support for your rationale.
• Create an argument supporting the value of forecasting to an organization. Provide support for your argument.
This paper must be in proper APA format and references
Assignment: Accounting Quality
Based on the requirements of the Sarbanes-Oxley Act and SEC reporting requirements for publically traded companies,
Write a four to five page paper in which you:
• 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.
• 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.
• 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.
• 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.
• 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.
• Use at least five 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.
|
What was the search strategy you used in each database
: What were the databases, if any, that you used to find each article or book; 2. What was the search strategy you used (i.e., the search words you used) in each database to find the articles;
|
|
Summarize pros and cons of the six capital budgeting methods
: Summarize the pros and cons of the six capital budgeting methods. In what types of situations would capital budgeting decisions be made solely on the basis of project's Net Present Value (NPV)?
|
|
Two approaches to gaining relationship advantage include
: Customer relationship managers will be directly responsible for: All of the following are ways a customer-strategy enterprise might meet the goal of maximizing the customer base except: According to George Day, two approaches to gaining a relationshi..
|
|
Discuss the effect on the assessable income of the parent
: HA3042 TAXATION LAW - Discuss whether or not the three payments are income from personal exertion. Would your answer differ if she wrote the story for her own satisfaction and only decided to sell it later?
|
|
Evaluate quality of accounting information for organization
: 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.
|
|
Calculate the annualised return on investment
: Calculate the annualised Return on Investment achieved by each of the process divisions during April 2010. - Discuss the suitability of this performance measure in the context of the data provided for each process division.
|
|
Identify at least five books and multimedia materials
: Describe insights you have gained about what it means to be an early childhood professional. Explain how those insights can make you a stronger professional in the future and help you to benefit young children and families with whom you may work.
|
|
Positive accounting profits
: Suppose that Jamie's estimated selling price is lower than originally projected during the first year. How much revenue would she need in order to earn positive accounting profits? positive economic profit?
|
|
Compute net present value of project
: The Acu Punct Corporation is considering the purchase of a new machine with an initial outlay of $4,500 and expected cash flows in years 1-4 of $2,200. The certainty equivalent coefficient for each period is 0.87. The appropriate discount rate for th..
|