Ethics and Social Responsibility, Financial Accounting

Assignment Help:
Select a publicly traded company for which an Accounting and Auditing Enforcement Release (AAER) was published on the U.S. Securities and Exchange Commission (SEC) website at https://sec.gov/divisions/enforce/friactions.shtml in the past two years. Submit the company name to the instructor for approval. Please note that each student must research a different company.

After obtaining instructor approval, review all AAERs published during the five-year period and SEC Complaint relating to this company during the past five years, as well as information available on the company’s Investor Relations website to evaluate the following items.

Prepare a 10-12 slide PowerPoint presentation (excluding title page, abstract, references page, and appendices containing financial analysis) containing detailed speaker’s notes for each of these slides presenting the findings of your analysis of the AAERs and SEC Complaint. Your presentation should discuss the following:

Explain the history of corporate accounting responsibility.
Discuss how you think that CSR has influenced social accounting.
Ethics, accounting, and legal issues involved in the AAERs and SEC Complaint.
Role of accountants in recognizing and assessing ethical issues when performing audits of financial statements, management accounting, internal auditing, and not-for-profit accounting.
Ethics standards contained in the AICPA Code of Professional Conduct.
Ethics requirements of the Board of Accountancy for the State in which you intent to pursue CPA licensure.
Current trends and events illustrating the importance of ethics in the accounting profession.

Related Discussions:- Ethics and Social Responsibility

Quarterly cash payments budget, Emily Jackson, RSC Designs management accou...

Emily Jackson, RSC Designs management accountant, is in charge of preparing the master budget for 2013.  She has gathered the following information: 1. Annual profit for the 201

Show example on ratio calculations, Q. Show example on Ratio calculations? ...

Q. Show example on Ratio calculations? The current gearing of Springbank plc = 100 × (3·5m/4m) = 87·5% Total debt after issuing $3·4m of debt = 3·5m + 3·4m = $6·9m New le

Definition of bankruptcy, DEFINITION OF BANKRUPTCY Bankruptcy is another ...

DEFINITION OF BANKRUPTCY Bankruptcy is another key area of accounting . The issues addressed here deal with the properties of an individual (a sole trader or partner in a partner

Prepare the journal entry at the date of the bond issuance, On January 1, 2...

On January 1, 2012, Osborn Company sold 12% bonds having a maturity value of $800,000 for $860,651.79, which provides the bondholders with a 10% yield. The bonds are dated January

Expected net cash flows resulting from the digger, Sigma is thinking about ...

Sigma is thinking about purchasing a new clam digger for $14,000. The expected net cash flows resulting from the digger are $9,000 in year 1, $7,000 in year 2, $5,000 in year 3, an

What is the number of shares, Terry Corporation had 300,000 shares of commo...

Terry Corporation had 300,000 shares of common stock outstanding at December 31, 2010. In addition, it had 90,000 stock options outstanding, which had been granted to certain execu

Prepare the company''s closing entries for its revenues, Following are Nint...

Following are Nintendo's revenue and expense accounts for a recent calendar year. Net sales ¥2,008,622 Cost of sales 1,864,981 Advertising expense 118,908 Other expense, net 397

Business start up accounting transactions, Business start up accounting tra...

Business start up accounting transactions: Jane Whitfield, a sole proprietor, established the JW Flower Shop on January 2, 2010. The following transactions have occurred during

Write Your Message!

Captcha
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