Evaluate accounting-related acknowledged and ethical business implications.
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During your account meeting, the Administrator of Accounting has aggregate with you the capacity discussed at a contempo Association of Certified Fraud Examiners (ACFE) meeting. Of accurate absorption was the calendar account about how some companies accept gotten in authoritative agitation with the SEC over their acquirement and amount acceptance practices. While you both are assured that there are no issues apropos to this at your company, you both absitively that you capital to apprentice added about these cases.
The Administrator of Accounting wants you to analysis two such cases and write a arbitrary report to present at the abutting Accounting Department meeting. The administrator believes that compassionate what has happened to alternative companies in this breadth of accounting can advice anticipate issues in your company.
The Administrator provides you with the SEC website that they accept acclimated in the accomplished to do commodity searches: www.sec.gov
You are asked to baddest two contempo SEC accomplishments adjoin companies (not individuals) that chronicle to acquirement and amount acceptance and Prepare a Word document that:
summarizes affidavit for the SEC actions.
identifies the SEC issues accompanying to accounting abstracts and/or operations and the alleviative accomplishments assigned and/or penalties accustomed to the company.
critiques the alleviative actions/penalties.
Gives an assessment as to whether you accept they will be able in preventing approaching violations by the company.
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