Recommend a strategy for a ceo to implement

Assignment Help Accounting Basics
Reference no: EM131608934

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:

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 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.

Reference no: EM131608934

Questions Cloud

The series of lectures and tutorials in this module : What did I learn in the series of lectures and tutorials in this Module?
Library research-corrections systems and processes : Library Research-Corrections Systems and Processes, What is the name of the program
Examine an existing organization : The purpose of this assignment is to provide a chance for the student to examine an existing organization and apply research to identify opportunities.
Define the use of the static variable : Can you use a static variable in the definition of a static method of the same class? Can you use a static variable in the definition of a nonstatic.
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.
Discuss challenges facing the security profession : Discuss future trends and challenges facing the security profession including legislative trends in security and the new counterterrorism role
Define the definition of a static method of the same class : Can you use an instance variable (without an object name and dot) in the definition of a static method of the same class? Can you use an instance variable.
Mcmaster five point strategy : Are the ideas in McMaster's Five Point Strategy in Ch. 1 of the Strategies book valuable? McMaster's Five Point Strategy.
What is the taxable equivalent yield on municipal bond : What’s the taxable equivalent yield on a municipal bond with a yield to maturity of 3.6 percent for an investor in the 28 percent marginal tax bracket?

Reviews

Write a Review

Accounting Basics Questions & Answers

  The real risk-free rate is 3 and inflation is expected to

the real risk-free rate is 3 and inflation is expected to be 3 for the next 2 years. a 2-year treasury security yields

  Compute the company residual income for the year

What is a balanced scorecard? How can it help you manage a company? Are there any advantages to using one?

  Portman industries just paid a dividend of 200 per share

portman industries just paid a dividend of 2.00 per share. portman expect the coming year to be very good and its

  Normal distribution and the standard normal distribution

Included with each section or problem are reference examples and end of section exercises that can be used as a guide. Be sure to show your work in case partial credit is awarded. To receive full credit, work must be shown if applicable.

  What assumptions is the financial reporting model based on

What assumptions is the financial reporting model based on? What principles support the financial reporting model? Who oversees the accounting profession?

  Calculate the terminal value

Forecast using discounted cash flow techniques to value the firm. Calculate the terminal value at year 5, for the terminal value calculation just use 10% as your temporary WACC since we have not yet calculated our company's WACC yet

  Fill in journal entries to summarize the following

fill in journal entries to summarize the following transactions as they affect the accounting equation.then prepare the

  Gemini technologies has two product lines lasers and

gemini technologies has two product lines lasers and integrated circuits. during the current month the two product

  Under what circumstance should company begin depreciating

According to MD&A, the Company opened new restaurants during 2015. Under what circumstance(s) should the Company begin depreciating costs associated with the Lima, Ohio plant expansion?

  The following account balances at the beginning of january

the following account balances at the beginning of january were selected from the general ledger of ocean city

  Identify and describe all time elements each industry uses

Many service industries link labor rate and time (quantity) standards with their processes. One example is the standard time to board an aircraft.

  Advise the president of what the company is doing right

ljb company a local distributor has asked your accounting firm to evaluate their system of internal controls because

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