Evaluate the consequences to a publically traded company

Assignment Help Accounting Basics
Reference no: EM131298484

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 (4-5) 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 five (5) 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.

Reference no: EM131298484

Questions Cloud

Would the u.s. gasoline market be efficient : Explain how the market for gasoline would react to this price ceiling if the oil-producing nations increased production and drove the equilibrium price of gasoline to $2.50 a gallon. Would the U.S. gasoline market be efficient?
Economic applications of any ideas in the book candide : 1. Find five economic applications of any ideas in the book Candide.  2. Are economists, who believe in maximization, Panglossian?
Explain the effect of this tax cut on the price of gasoline : Explain the effect of this tax cut on the price of gasoline and the quantity bought if, at the same time, the oil-producing nations increase production.
How would the amount of work done by lawyers : How would the amount of work done by lawyers, the consumer surplus of people who hire lawyers, and the producer surplus of law firms change? Would this fee ceiling result in an efficient and fair use of resources? Why or why not?
Evaluate the consequences to a publically traded company : ACC573 - 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.
Magnitudes of marginal propensity to consume : Do fiscal policy makers really need to know the magnitudes of the marginal propensity to consume (MPC) andmultipliers? Could they get along well without this information? Give examples.
Would the u.s. gasoline market be efficient : Concerned about the political fallout from rising gas prices, suppose that the U.S. government imposes a price ceiling of $3.00 a gallon on gasoline.
What is the probability of no off the job accidents : What is the probability of no off-the-job accidents during a one-year period?- What is the probability of at least two off-the-job accidents during a one-year period?
Discuss how much governments should follow : Discuss how much governments should follow or reject the will of the people. Specifically in north Korea, nazi Germany, and Canada.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Calculate how much estate tax would have been saved

Harold and Maude are married and live in a common-law state. Neither have made any taxable gifts and Maude owns (holds title) all their property. She dies with a taxable estate of $15 million and leaves it all to Harold. He dies several years late..

  The company expects to sell about 35 of its merchandise for

the treasure of unisyms company has accumulated the following budget information for the first two months of the coming

  Which of the following types of income is tax free

Lyn, age 65, and Robert, age 66, are married and support Lyn's father (no taxable income) and Robert's mother, who has $ 2,200 of gross income. If they file a joint return for 2012, how many exemptions may Lyn and Robert claim?

  Wheeler llc purchased only one asset during the current

wheeler llc purchased only one asset during the current year. it placed in service furniture 7-year property on april

  What are the dominant factors impacting the current

what are the dominant factors impacting the current healthcare system today? discuss both the positive and negative

  Assuming that put company uses the cost method

Put Company paid $220,000 for an 80% interest in Sel Company on July 1, 2011, when Sel Company had total equity of $110,000. Sel Company reported earnings of $10,000 for 2011 and declared dividends of $8,000 on November 1, 2011.

  Treatment on the bank reconciliation

If a check correctly written and paid by the bank for $428 is incorrectly recorded on the company's books for $482, the appropriate treatment on the bank reconciliation would be to:

  Prepare a production budget for rc helicopter

The finished goods inventory on hand at the end of each month must be equal to 5,000 units plus 25 percent of the next month's sales. The finished goods inventory on June 30 is budgeted to be 13,750 units.

  Contrast differences in accounting processes and procedure

contrast the differences in accounting processes and procedures

  The labor union negotiators

Would it be appropriate to make the changes described above in order to obtain favorable terms from the labor union negotiators?

  Bank reconciliation and adjusting entries the cash account

Check no. 742 in the amount of $491 had been entered in the cash journal as $419, and check no. 747 in the amount of $58.20 had been entered as $582. Both checks had been issued to pay for purchases of equipment.

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