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Question - High-profile cases of accounting fraud in recent years, in addition to the prevalence of earnings management practices to deliberately mislead investors, suggest that ethics are a significant concern for accounting, financial analysis, and management professionals.
Explain the role of management professionals with regard to accounting and analysis ethics, and you will detail any challenges managers may face in ensuring ethical accounting practices. You will also reflect on how the things you have learned in this course will aid you in your career. Your response will be in the form of a video using the built-in video functionality.
Review the codes of ethics and professional standards in the module resources and then address the following questions:
What is the manager's responsibility regarding ethical financial reporting?
What challenges might a manager face in ensuring ethical accounting and financial analysis practices?
Compare and contrast your perceptions with their assessment of the role of managers regarding ethical accounting practices and the challenges they may face. Can you identify additional challenges? How does their assessment of the future impact of this course compare with your own?
Financial Statement Analysis and Preparation
Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?
An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.
Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.
This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited
Prepare general journal entries for Goela Ltd
Prepare the journal entry to record the acquisition of the assets.
Prepare general journal entries to record the transactions, assuming use of the periodic inventory system
Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.
Explain the IASB Conceptual Framework's perspective of users and their decisions.
T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .
Computation of Free Cash Flow
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